If their parents had extra cash, would it help poor children? The intuitive answer is yes — not only can any parent attest to the cost of raising children, researchers can also point to a variety of ways in which poverty leaves a mark. But lately a flurry of news and commentary has been saying that, actually, the answer is no: Cash doesn’t make a difference.
The question is raised by an ongoing research study that has been sending cash every month to poor mothers since their child’s birth and found no measurable impact on child development after four years. ...