Capitalism's greatest trick was stealing so much of our time that we cannot imagine living without the 'conveniences' it sells back to us.
Prevention is (almost always) cheaper than treatment, and homelessness does not break this rule. Economists recently used a randomized control trial to estimate the effectiveness of giving households on the brink of homelessness cash to prevent it, $2000 on average. The results of this temporary assistance were a 73% reduction in the risk of homelessness after one year and that each dollar spent generated $2.47 in benefits to the community. #economics #poverty