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← When a shock falls hardest on the poor, hand out cash rather than hold the price down.
11 connected korrents · 9 moments on record from 27 Jun 2013 to 15 Apr 2026.
Everything filed under price gouging
price gouging
Everything filed under inflation
inflation
Everything filed under AI and jobs
AI and jobs
In tension Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject
Read this korrent: When a shock falls hardest on the poor, hand out cash rather than hold the price down.
When a shock falls hardest on the poor, hand out cash rather than hold the price down.
Last stated 2 years ago
20 Aug 2024
JC
John H. Cochrane — holds since 2024-08-20 — tap for who they are
In tension: Universal basic income is at most a small part of the answer to AI-driven job loss. — tap to centre the map on it
Universal basic income is at most a small part of the answer to AI-driven job loss.
Last stated a year ago
7 Apr 2025
DH
David Heinemeier Hansson — holds since 2025-04-07 — tap for who they are
DA
Dario Amodei — holds since 2024-10-01 — tap for who they are
Same subject: The case for giving poor people cash is not that it is a cure, but that it is less bad than most of what aid already does. — tap to centre the map on it
The case for giving poor people cash is not that it is a cure, but that it is less bad than most of what aid already does.
Last stated 13 years ago
27 Jun 2013
CB
Chris Blattman — holds since 2013-06-27 — tap for who they are
Same subject: Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been. — tap to centre the map on it
Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been.
Last stated 2 years ago
20 Aug 2024
JC
John H. Cochrane — holds since 2024-08-20 — tap for who they are
Same subject: Many aid programmes will beat cash on cost-effectiveness, and the ones that do will be those that fix a market failure or a supply problem. — tap to centre the map on it
Many aid programmes will beat cash on cost-effectiveness, and the ones that do will be those that fix a market failure or a supply problem.
Last stated 12 years ago
14 Mar 2014
CB
Chris Blattman — holds since 2014-03-14 — tap for who they are
Same subject: Cash helps a poor person whose only obstacle is a lack of capital, and does little for anyone whose obstacle is something else. — tap to centre the map on it
Cash helps a poor person whose only obstacle is a lack of capital, and does little for anyone whose obstacle is something else.
Last stated 13 years ago
27 Jun 2013
CB
Chris Blattman — holds since 2013-06-27 — tap for who they are
Same subject: Allocating scarce chips to the highest bidder is bad business — you set your price and keep it, however high demand goes. — tap to centre the map on it
Allocating scarce chips to the highest bidder is bad business — you set your price and keep it, however high demand goes.
Last stated 5 months ago
15 Apr 2026
JH
Jensen Huang — holds since 2026-04-15 — tap for who they are
Same subject: Laws against price gouging are what cause hoarding, because it is the expectation of empty shelves that makes people stock up. — tap to centre the map on it
Laws against price gouging are what cause hoarding, because it is the expectation of empty shelves that makes people stock up.
Last stated 2 years ago
20 Aug 2024
JC
John H. Cochrane — holds since 2024-08-20 — tap for who they are
Same subject: Price gouging should be legal, because a sharply higher price is what sends scarce supply to the people who need it most. — tap to centre the map on it
Price gouging should be legal, because a sharply higher price is what sends scarce supply to the people who need it most.
Last stated 2 years ago
20 Aug 2024
JC
John H. Cochrane — holds since 2024-08-20 — tap for who they are
Same subject: A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. — tap to centre the map on it
A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost.
Last stated 5 months ago
1 Apr 2026
TP
Thuan Pham — holds since 2026-04-01 — tap for who they are
Same subject: Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. — tap to centre the map on it
Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022.
Last stated 4 years ago
25 Jul 2022
NS
Noah Smith — holds since 2022-07-25 — tap for who they are
Same subject: Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total. — tap to centre the map on it
Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
in tension same subject or similar wording a cloud: claims about one subject, named for it bar: when it was last stated, on a scale from 2013 to today (stretched back to the oldest claim here) — full is today a face: someone on record holding the claim — tap it for who they are