Visit https://www.givedirectly.org/macro/ to join a village fundraiser and help send life changing cash to 164 families in a Kenya directly, no strings attached.

The effects of these transfers are studied and recorded in detail, revolutionizing our understanding of the macroeconomic effects of cash transfers.

You can read Dennis's paper on cash spillovers at https://drive.google.com/file/d/17JVD... and check out the interview at    • A massive basic income experiment in Afric...  

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SOURCES:
I've linked my sources in the blog that goes along with this video. Links are in the text.
https://www.moneymacro.rocks/2024-12-...

Timestamps:
0:00 - intro
1:36 - the experiment
8:02 - inflation
12:46 - Keynesian multiplier
14:15 - implications for development aid



Attribution:
Music by Epidemic Sound: http://nebula.tv/epidemic
Thank you to AP Archive for access to their archival footage.
Stock footage and others clips by Getty

Narrated and produced by Dr. Joeri Schasfoort
Edited by the Nebula team
Produced by Safia M