Cre8tive Philanthropy

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Investment and innovation in the for-profit social impact community.

Social Finance and Impact Bonds: creative solutions to government ineptitude

The world over, government social programs cost taxpayers billions – with few real results to show for the expense. Now, through innovation in the world of non-profits and finance, a new method of social program delivery is being tested which will help deliver real solutions to the social problems while saving taxpayers money. David Leonhardt at NYT reports (via Yahoo).

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One Response

  1. Val McMurdie says:

    Both federal and state governments should pursue this and related ideas to bring some market discipline to government programs and services. K-12 education should be left completely up to states.

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