A New Fix for the Needy

This October 25th Newsweek article highlights cash-transfer programs in health and education. “……evidence shows that even modest payments grant the world’s poorest the power to make their own decisions; it also indicates that they make smart choices, especially on matters of health and education. Today, cash-transfer programs are thriving in some 45 developing countries and helping more than 110 million families. The World Bank has put at least $5.5 billion into nearly a hundred different projects.”