No Strings Attached: Giving Cash to Poor People

GiveDirectly is a charity that just gives money to poor people in Kenya. There isn’t anything complicated about the idea: it’s just straight up handing out cash with no deliverables. The NPR recently investigated the operation.

Planet Money reporters David Kestenbaum and Jacob Goldstein went to Kenya to see the work of a charity called GiveDirectly in action. Instead of funding schools or wells or livestock, GiveDirectly has decided to just give money directly to the poor people who need it, and let them decide how to spend it. David and Jacob explain whether this method of charity works, and why some people think it’s a terrible idea. (28 minutes)

Listen to it here.

Making People Laugh in The New Yorker

The New Yorker is one of my favourite magazines and the first thing I do when I open it is to read all the cartoons. Some are hilarious and others just don’t resonate with me and in the TED Talk below you can see that having a mixed bag of humour is important. Regular readers will already know the benefits of laughter so here’s a meta-analysis of what works in making us laugh.

The New Yorker receives around 1,000 cartoons each week; it only publishes about 17 of them. In this hilarious, fast-paced, and insightful talk, the magazine’s longstanding cartoon editor and self-proclaimed “humor analyst” Bob Mankoff dissects the comedy within just some of the “idea drawings” featured in the magazine, explaining what works, what doesn’t, and why.

Ideas to Get Consumers to Buy Sustainable Products

Every year more sustainably produced products hit store shelves yet consumer uptake on these products isn’t as strong as it should be. Sure, there are increasing sales overall but the amount of people who are buying environmentally-concious products isn’t increasing at a fast enough rate.Over at Fast CoExist a writer proposes six ways to convince consumers to buy greener products.

5: SHOW, DON’T TELL

It’s unreasonable to assume that consumers will translate sustainable attributes into benefits that matter to them. More marketers need to visibly demonstrate how green products make a real difference to people’s lives. For instance, at Plum Organics, the packaging does the talking. Not only does it contain some of the healthiest baby food available, but its stand-up pouch, secure spout and rounded edges give parents a safer and more convenient “self-serve” option, while kids get more control over their eating experience. Benefits like these drive repeat business. You can’t say that about a glass jar.

Read more.

Bicycle Commuters Save Economy $21 on Each Commute

Australian research has led to the conclusion that bicycle commuters are great for the economy! Every time a commuter chooses to ride a bicycle instead of a car or public transportation the economy benefits.

With the obviousness of health benefits from riding a bicycle and the ever-increasing amount of economic research that supports bicycle infrastructure the future of smart transit planning is just around the corner.

The economy benefits by more than $21 every time a person cycles 20 minutes to work and back and $8.50 each time a person walks 20 minutes to and from work, according to a policy statement released by Deputy Prime Minister Anthony Albanese on Tuesday.

Mr Albanese said the construction of walking and riding paths was relatively cheap compared with other modes of transport. A bicycle path costs only about $1.5 million a kilometre to plan and build.

“We need to get more people choosing alternatives to the car”: Anthony Albanese. Photo: Nic Walker
The government has agreed that, where practical, all future urban road projects must include a safe, separated cycle way.

Read more

The B Team – A Plan B for the Economy

The economic stupidity of a few years back is still causing problems and the fact that the wrongdoers got bailouts for their transgressions hasn’t helped. Even years later economies haven’t recovered and the class divisions within multiple societies have widened. It’s time for an alternative to this current form of (rather bizarre) “hyper capitalism”.

This is where The B Team is looking to make a difference. It’s a new organization focused on researching and promoting a new form of economic thinking that doesn’t ignore the environment and people. Social entrepreneurship is on the rise and The B Team seems to want to help that trend continue.

The B Team is a not-for-profit initiative that has been formed by a group of global business leaders to create a future where the purpose of business is to be a driving force for social, environmental and economic benefit.

Working with a global community of advisors and partners, The B Team seeks to develop and implement a Plan B for business that puts people and planet alongside profit. The B Leaders will focus on execution and action, catalysing and amplifying others’ efforts by undertaking specific global Challenges where their collective voice can make a difference.

Check out The B Team.

Thanks to Liz! (again)