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I'd definitely suggest listening to this freakonomics podcast: http://freakonomics.com/2013/09/26/would-a-big-bucket-of-cas...

You could also make a similar point as the podcast by looking at the experiences of modern lottery winners. So I would say I'm pretty skeptical that something like this would be effective for the vast majority of people.



My comments were not a serious proposal. I was replying to a comment that lacked intellectual rigor and I proposed the opposite to point out some logical flaws.

That said, cash transfers can help bring people out of poverty. A flat redistribution of wealth is not the right way to get that effect, but some kind of direct cash assistance is not remotely a wasted effort.




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