07 June 2015

Bonds in New Zealand

This post is a follow-up to my previous post, where I discuss why I don't like Social Impact Bonds. Today, Sunday, there was a short tv debate shown in New Zealand about using Social Impact Bonds to address mental health problems. My name is invoked at the five-minute mark. I would say that both protagonists are not quite correct. I'm against these SIBs only because they are not tradeable, because then there won't be much of the (necessary) innovation that the pro-SIB man, Stephen Franks, was talking about.

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