Doubling local GDP didn’t drive inflation
Our large scale cash injection was equivalent to doubling the economy in Khongoni. Compared to surrounding areas, inflation in Khongoni rose by about 1% – a statistically detectable but economically negligible effect. After five months, this had fallen to zero.
Markets were able to absorb large-scale transfers without driving significant price inflation. That gives us strong evidence that this model can be scaled responsibly and rapidly without triggering harmful inflation.
This stability was a product of how recipients and markets responded:
🗓️ Recipients didn’t spend all at once: Findings showed households did not spend all of the transfer immediately and gradually increased their spending over months.
🚲 They also shopped around: Recipients had access to multiple markets, locally and in nearby Lilongwe city, allowing them to choose between sellers if someone didn’t have what they needed or tried to raise prices.
🤝 Vendors chose not to raise prices: Traders reported keeping prices steady to maintain trust, saying opportunistic hikes would damage their reputation once the cash was gone.
📦 Markets adapted to demand: Many vendors simply ordered more stock and new traders entered markets, both without significantly driving up prices.
GiveDirectly gave $550 to every adult in the Khongoni subdistrict of Malawi, reaching over 85,000 people. It was enough outside money to double local GDP. Extreme poverty plummeted by 88%. Inflation was negligible.
Now they're going even bigger by giving $550 to 185,000 people - an entire district.
23.10.2025 16:49 — 👍 234 🔁 65 💬 6 📌 6
‘Direct evidence of genocidal intent’: the UN commission of inquiry’s report on Israel’s actions in Gaza
Legal analysis has accused Israel of committing genocide in four out of five categories as defined by 1948 convention
1/ Without any doubt, terrorism deserves our strongest condemnation and call for the immediate release of all hostages.
But a democratic state, signatory of the UN Charter and the Geneva Conventions, has a binding duty to respect international law.
🔗 www.theguardian.com/world/2025/s...
16.09.2025 16:50 — 👍 47 🔁 15 💬 2 📌 0
“Vaig veure algú que es preguntava a la televisió, ‘per què l’AOC i en Bernie van a Idaho?’ La resposta és molt simple: perquè vosaltres importeu”
15.000 persones a Salt Lake City, 12.500 persones a Nampa (Idaho), AOC omple pavellons
lavanguardia.com/internacional/…
17.04.2025 06:35 — 👍 0 🔁 0 💬 0 📌 0
YouTube video by ARTE Concert
Nick Cave and The Bad Seeds - Accor Arena, Paris - ARTE Concert
Nick Cave and The Bad Seeds a @artefr.bsky.social
youtu.be/IGn0V6A1uP8?...
10.04.2025 15:01 — 👍 1 🔁 0 💬 0 📌 0
Accountability Barcelona 2024
30.03.2025 11:15 — 👍 2 🔁 1 💬 0 📌 0
Coneixement i progrés
El que realment fa diferent Barcelona respecte d’altres ciutats és el ‘hub’ biomèdic, que no només inclou l’àmbit assistencial al voltant dels hospitals, sinó també centres i instituts d’investigació ...
Trobem en Barcelona una ciutat atractiva, amb una excel·lent xarxa de serveis i de comunicació, i que destaca per la qualitat dels seus espais i oferta hotelera. Tanmateix, allò que realment la fa diferent respecte d’altres ciutats, és el seu hub biomèdic . www.elperiodico.cat/ca/barcelona...
23.03.2025 11:10 — 👍 0 🔁 1 💬 0 📌 0
A headline reads: “U.S. Turned Away French Scientist Over Views on Trump Policies, France Says.” More text reads: “The French authorities said the academic had been traveling to a conference near Houston when border officials blocked his entry because of conversations found on his phone.”
The U.S. authorities denied entry to a French scientist and then deported him because his phone contained message exchanges with colleagues and friends in which he expressed his “personal opinion” on the Trump administration’s science policies, said the French government. nyti.ms/4iAZR2l
20.03.2025 15:33 — 👍 620 🔁 263 💬 95 📌 63
Impressionant la Piazza del Popolo per la manifestació per Europa! 🇪🇺
15.03.2025 15:03 — 👍 1 🔁 0 💬 0 📌 0
Eloísa del Pino: "El más grave de los negacionismos científicos es el de los políticos"
Lidera la principal institución científica española, la tercera europea y la sexta mundial. Eloísa del Pino, presidenta del CSIC, conversa con 'Agenda Pública'. "La inversión en I+D en los países de l...
🧪 Eloísa del Pino: "El más grave de los negacionismos científicos es el de los políticos"
Lidera la principal institución científica española, la tercera europea y la sexta mundial. @eloisadelpino.bsky.social, presidenta del @csic.es, conversa con 'Agenda Pública'.
📲 bit.ly/4kyvBX2
09.03.2025 08:05 — 👍 29 🔁 17 💬 1 📌 4
YouTube video by The Ezra Klein Show
The Dark Heart of Trump's Foreign Policy | The Ezra Klein Show
The Dark Heart of Trump's Foreign Policy | The Ezra Klein Show youtu.be/305ZAppMlN8?...
01.03.2025 10:57 — 👍 0 🔁 0 💬 0 📌 0
Ucraïna, Barcelona està amb vosaltres. 🇺🇦
Ukraine, Barcelona stands with you. 🇺🇦
28.02.2025 19:38 — 👍 34 🔁 19 💬 0 📌 0
Exiliats en la nostra pròpia geografia, per Josep Vicent Boira
Exiliats en la nostra pròpia geografia. De @jboira.bsky.social
www.lavanguardia.com/encatala/202...
22.02.2025 19:21 — 👍 2 🔁 2 💬 0 📌 0
Airbnb’s co-founder is joining Elon Musk’s DOGE
Gebbia, a close friend of Musk, has praised DOGE’s work and defended it against criticisms on social media
So it seems we have another “big tech-bro” in town: Airbnb joins Musk 😒
Time for the EC to:
- really check how many users does Airbnb have in EU & if it falls under DSA obligations
- make them implement the short-term rentals regulations (no more fake adds)
www.independent.co.uk/news/world/a...
16.02.2025 23:59 — 👍 7 🔁 4 💬 0 📌 0
“Un sostre de vidre entelat”, de Montserrat Alsina, presidenta de la Societat Catalana de Matemàtiques #11F
11.02.2025 08:54 — 👍 0 🔁 0 💬 0 📌 0
Econ professor at Michigan ● Senior fellow, Brookings ● Intro econ textbook author ● Think Like An Economist podcast ● An economist willing to admit that the glass really is half full.
Des repères clairs et de la culture pour tous !
🤝I believe in collective action, in emancipation, in building together a just, fair and sustainable future #SocialEconomy
Director General Adjunto de Abacus cooperativa
📍Madrid, Barcelona, Murcia, World Citizen
El medio de referencia en español sobre la industria audiovisual. 🔴📩 Newsletter y podcasts 🎧🔴
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@DelorsInstitute Senior Research Fellow on Geopolitics of #Trade, rapporteur of the EU-China working group. #EU #US #China
physicist by training, reporter by trade
📍chicago
tips: katrina.miller@nytimes.com
signal: katrinamiller.04
https://katrinamillerphd.com/
Asking the hard questions and bringing unique perspectives from across the globe. This is CNN.
Associació Catalana d'Estudis de la #Ciència i la #Tecnologia.
https://www.sts-cat.org/
informacio@sts-cat.org
EU correspondent at Financial Times
Made in Italy. Email paola.tamma@ft.com
https://www.ft.com/paola-tamma
La Geografia è l'occhio della Storia
Without Geography, you're nowhere
Ahora trabajando como Coordinador del Gobierno de España para el Corredor Mediterráneo (opiniones personales)
València
Politólogo, gabinetero, profe y más cosas, pero eso lo hablamos con un café #compol
🇺🇦 🇵🇸 🇪🇺
Professor Institute for Innovation and Public Purpose, UCL. Fellow, Stiftung Mercator. New European Bauhaus, European Commission. Former CTO Barcelona. http://francescabria.com
El portal que explica què fa Catalunya al món.
電子音楽家 parked illegally at the intersection of art and technology 🎛🔊🎶🔻✌️🫠
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Johnny Guitar, Archbishop Harold Holmes, III
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CIDOB is an international affairs think tank that analyses the global issues that affect political & social dynamics, from the international to the local level.
🌍 www.cidob.org
staff writer @theatlantic.com and senior fellow @snfagora.bsky.social. author of GULAG, IRON CURTAIN, RED FAMINE, TWILIGHT OF DEMOCRACY and AUTOCRACY INC
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