Episode
139. Would a Big Bucket of Cash Really Change Your Life?
27:51
Published: Thu Sep 26 2013
Description
A 19th-century Georgia land lottery may have something to teach us about today's income inequality.
Chapters
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.
00:00 - 01:11 (01:11)
Summary
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.
Episode139. Would a Big Bucket of Cash Really Change Your Life?
PodcastFreakonomics Radio
In antebellum Georgia, the state government opened up three-quarters of its territory to white settlers through a system of lotteries, where the winners were randomly given land rights in exchange for commitments to develop and cultivate the land.
01:11 - 06:53 (05:41)
Summary
In antebellum Georgia, the state government opened up three-quarters of its territory to white settlers through a system of lotteries, where the winners were randomly given land rights in exchange for commitments to develop and cultivate the land. This old system was replaced by more traditional grants and claims, requiring evidence of land development.
Episode139. Would a Big Bucket of Cash Really Change Your Life?
PodcastFreakonomics Radio
The distribution of land through the confiscation of Native American land is not equitable, but the value of land and how it is used can affect intergenerational wealth transfer.
06:53 - 12:49 (05:55)
Summary
The distribution of land through the confiscation of Native American land is not equitable, but the value of land and how it is used can affect intergenerational wealth transfer. Research examines how some families use land to accumulate and transfer wealth to future generations.
Episode139. Would a Big Bucket of Cash Really Change Your Life?
PodcastFreakonomics Radio
The question of whether or not giving people money actually helps them is a contentious one among economists.
12:49 - 25:13 (12:24)
Summary
The question of whether or not giving people money actually helps them is a contentious one among economists. While some argue that poor people may not use the money wisely, others believe that lack of resources is a barrier to bettering their lives.
Episode139. Would a Big Bucket of Cash Really Change Your Life?
PodcastFreakonomics Radio
On the next episode of Freakonomics Radio, hosts Steve Levitt and Stephen Dubner answer your questions on various topics, including the impact of central heating on obesity, the success of South Asians in the hotel motel business, and the effectiveness of cardboard cutouts of policemen in deterring theft.
25:17 - 27:25 (02:08)
Summary
On the next episode of Freakonomics Radio, hosts Steve Levitt and Stephen Dubner answer your questions on various topics, including the impact of central heating on obesity, the success of South Asians in the hotel motel business, and the effectiveness of cardboard cutouts of policemen in deterring theft.