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ExplainSpeaking | Nrega, Nyay and PM-Kisan: Why do politicians rush to give direct benefits (cash) to the poor

Traditional thinking with regard to helping the poor is captured by the following well known saying: 'If you give a man a fish, you feed him for a day. If you teach a man to fish, you feed him for a lifetime.' But if one examines the assumptions in this, it can lead to a surprising policy recommendation: Just give a man a fish!

Billionaires Can t Pay Latin America s Covid Tab

Billionaires Can’t Pay Latin America’s Covid Tab Dec 17 2020, 3:41 PM December 16 2020, 4:00 PM December 17 2020, 3:41 PM (Bloomberg Opinion) Pandemic, schmandemic! As Covid ravages Latin America, the material fortunes of its wealthy may have never fared better. The region’s billionaires saw their rarefied ranks grow by one new member every week from March to July, while the collective stash of the megarich increased by $48 billion, according to a report by Oxfam. (Bloomberg Opinion) Pandemic, schmandemic! As Covid ravages Latin America, the material fortunes of its wealthy may have never fared better. The region’s billionaires saw their rarefied ranks grow by one new member every week from March to July, while the collective stash of the megarich increased by $48 billion, according to a report by Oxfam.

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