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Harvard grads make aiding the poor a new business

Their model shows giving cash directly to the very poor can be efficient and productive

Published Tue, Sep 22, 2015 · 09:50 PM

New York

MICHAEL Faye and Paul Niehaus spent summers as Harvard graduate students trying to give cash to the poor in the villages of Kenya.

The villagers were perplexed; development experts thought the two had lost their minds. People who live on less than a dollar a day, the experts said, were sure to spend the money on cigarettes and alcohol.

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Lifestyle

Lifestyle

Harvard grads make aiding the poor a new business

Lifestyle

Former Zouk morphs into mod-Asian Jiak Kim House, serving laksa pasta and mushroom bak kut teh

Massimo Bottura lends star power to pizza and pasta at Torno Subito

Victor Liong pairs Aussie and Asian food with mixed results at Artyzen’s Quenino restaurant

If Jay Chou likes Ju Xing’s zi char, you might too

Mod-Sin cooking izakaya style at Focal

What the fish? Diving for flavour at Fysh – Aussie chef Josh Niland’s Singapore debut

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