In New York, a small group of residents is about to receive what looks like a windfall: $12,000 each, delivered not in cash but in a digital token that behaves like dollars. The money arrives with ...

Not everyone is convinced it's a good idea.

In its nearly two decades of operation, GiveDirectly, the direct cash payment charity started by MIT and Harvard graduate students, has delivered more than $800 million to more than 1.6 million people ...

Not long after the start of Hurricane Harvey’s petulant encampment over Southeast Texas, the leaders of GiveDirectly began to consider how the nonprofit organization could help. On the face of it, ...