Chapter
The Effects of Wealthy Americans Giving $50k to Needy Families
An idea from a listener sparked a discussion on the socioeconomic impact of giving each of 50 needy American families $50,000 in a one-time gift, repeating the process annually, in order to promote intergenerational income mobility in impoverished Brooklyn neighborhoods.
Clips
The Freakonomics team explores the idea proposed by a listener to have the 50 wealthiest Americans give $50,000 to 50 needy families in Brooklyn, examining the potential effects of this type of concentrated, one-time, unconditional cash transfer.
00:00 - 01:11 (01:11)
Summary
The Freakonomics team explores the idea proposed by a listener to have the 50 wealthiest Americans give $50,000 to 50 needy families in Brooklyn, examining the potential effects of this type of concentrated, one-time, unconditional cash transfer.