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Cash helps a poor person whose only obstacle is a lack of capital, and does little for anyone whose obstacle is something else.
Drawn from what Chris Blattman said
Mental modelBottlenecks
What Chris Blattman actually said
- Chris Blattman Economist and political scientist at the University of Chicago
If a poor person is enterprising, and their main problem is insufficient capital, terrific. If that’s not their problem, throwing cash will not do much to help.
Where this was said
↗Why cash transfers to the poor are not the next big thingchrisblattman.com
All 7 korrents from this piecethis one is 2nd
Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us
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