tag:blogger.com,1999:blog-9695147.comments2023-02-19T10:43:16.145+00:00Social Policy Bonds blogUnknownnoreply@blogger.comBlogger181125tag:blogger.com,1999:blog-9695147.post-24406300535775480372022-10-30T09:29:58.096+00:002022-10-30T09:29:58.096+00:00Thanks for your comment. I agree. I now think that...Thanks for your comment. I agree. I now think that if Social Policy Bonds are ever issued, it will be at the initiative of the private sector. I've tried to interest philanthropists (see https://www.alliancemagazine.org/blog/make-social-impact-bonds-tradeable/) in the concept, without success, but will persist. Ronnie Horeshhttps://www.blogger.com/profile/05025464679362642331noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-41518810799648721812022-10-29T22:22:06.004+01:002022-10-29T22:22:06.004+01:00The problem with Social Policy Bonds is that you h...The problem with Social Policy Bonds is that you have the whole bureaucratic class and edifice stacked against you. The bureaucratic class believes problems can only be solved by ever finer legislation and tighter regulation. Millions and millions of people are employed on this basis and are heavily invested in this idea. Ask anyone, how we can solve this or that problem, and the automatic answer will be that more regulation and funding is needed from the "guvmnt". Social Policy Bonds suggest there is a better way. But as the saying goes, "It is difficult to get a (bureaucrat) to understand (SPBs), when his salary depends on his not understanding it"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9695147.post-87127014735076979042022-04-16T22:02:05.934+01:002022-04-16T22:02:05.934+01:00Forest farm is the intentional cultivation of edib...<a href="https://www.1world.fund/" rel="nofollow">Forest farm</a> is the intentional cultivation of edible, medicinal or decorative specialty crops beneath native or planted woodlands that are managed for ...Anonymoushttps://www.blogger.com/profile/06429086865864190806noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-20367917012085781032021-08-21T16:37:38.595+01:002021-08-21T16:37:38.595+01:00Hi Gideon
Thanks for your message. I can be reach...Hi Gideon<br /><br />Thanks for your message. I can be reached via the email address given on this page: https://www.socialgoals.com/blog-contact.html. <br /><br />It will be interesting to see how successful will be the marriage of the bonds to the blockchain. <br /><br />Now to your query. The backers of bonds that target goals that just aren't being achieved can (1) do nothing, and watch the value of the bonds fall to virtually zero, at which point someone might buy them and do some small thing that advances the goal, and so benefit from the value of their bonds multiplying. The issuers could also hope for improvements in technology or knowledge or both (depending on the goal) that would reduce the cost of achieving the goal, so making the bonds a more attractive investment. But what if the bonds are almost without any value, and still nothing happens? Then the issuers could (2) top up the redemption funds. They could either issue more bonds, or simply undertake to redeem the bonds already in circulation for (1 + x) times the redemption value quoted when they were issued. (I describe this in Chapter 3 of my book, and also here: https://www.socialgoals.com/world-peace.html - scroll down to the section headed 'Efficient costing'.) In all this time, the redemption funds could be in an escrow account. Note that the topping up of redemption funds, or the issuing of more bonds, could be done using sources other than, or in addition to, the original backers, who could, for instance appeal to the public to supplement the initial funds.Ronnie Horeshhttps://www.blogger.com/profile/05025464679362642331noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-33166068841655337912021-08-20T17:25:34.368+01:002021-08-20T17:25:34.368+01:00I've been reading up on your concept of Social...I've been reading up on your concept of Social Policy Bonds and am very intrigued. I couldn't find another more appropriate way to reach you, so I will just ask this question here as it seems to be a fundamental blocker for me. <br /><br />What happens in the event that the terms of the bond are not met. There is no redemption of the bond, I understand, but what happens to all that capital? <br /><br />Thanks for sticking with this interesting idea all these years. It's very intriguing. Gideonhttps://www.blogger.com/profile/12744438567590983819noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-54393833562514512222020-06-15T11:25:56.400+01:002020-06-15T11:25:56.400+01:00Thanks for your comment. Though the Financial Time...Thanks for your comment. Though the <i>Financial Times</i> is an influential, international paper I haven't had any response to the idea, nor does any government anywhere seem to be contemplating it, though I might have missed something. My <a href="https://socialgoals.blogspot.com/2020/05/the-coronovirus-bailout-alternative-how.html" rel="nofollow">blog post</a> subsequent to this one, goes into a bit more detail as to how I think it could work. Frankly, I don't think the political will is there.Ronnie Horeshhttps://www.blogger.com/profile/05025464679362642331noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-7042653281449146772020-06-14T20:06:23.355+01:002020-06-14T20:06:23.355+01:00This is a fantastic idea. Have you thought about d...This is a fantastic idea. Have you thought about drafting how this might work? It could be a useful thing for small businesses to get behind if there's another round of bailouts. Anonymoushttps://www.blogger.com/profile/08160822430957497822noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-45415811925887047792019-05-31T22:02:29.833+01:002019-05-31T22:02:29.833+01:00I'll check it. Thank you very much. If I have ...I'll check it. Thank you very much. If I have any further questions I wanna ask again. Have a nice day.<br />Azizehttps://www.blogger.com/profile/00409857202801773796noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-21891353004067645242019-05-20T21:12:46.758+01:002019-05-20T21:12:46.758+01:00Hi Aze and thank you for your comment. Social Poli...Hi Aze and thank you for your comment. Social Policy Bonds are a financial instrument, which I first talked about in 1988. You can find a short introduction here: http://socialgoals.com/overview,-600-words.html. Other overviews and most of my articles and papers on Social Policy Bonds can all be read for no charge through my the same website http://SocialGoals.com. If you have any queries or comments you can always contact me directly, through the "Contact me" link at that site.Ronnie Horeshhttps://www.blogger.com/profile/05025464679362642331noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-16530197027742570772019-05-20T01:14:08.383+01:002019-05-20T01:14:08.383+01:00Hello,
Kindly could you explain what do you mean e...Hello,<br />Kindly could you explain what do you mean exactly by saying Social Policy Bonds? Especially bonds of course. <br /><br />Thank you. Azizehttps://www.blogger.com/profile/00409857202801773796noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-7541511070650581342019-02-13T21:57:49.188+00:002019-02-13T21:57:49.188+00:00This post is very interesting. Thank you. This post is very interesting. Thank you. Azizehttps://www.blogger.com/profile/00409857202801773796noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-71828715386695372412017-05-13T23:49:57.976+01:002017-05-13T23:49:57.976+01:00That is so true. That is so true. Azizehttps://www.blogger.com/profile/00409857202801773796noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-86682008741106225402016-08-17T10:14:43.703+01:002016-08-17T10:14:43.703+01:00Success is indeed good
hello, my name is Ngozi, a ...Success is indeed good<br />hello, my name is Ngozi, a student of University of Nigeria . i find your work quite interesting. please contact us at www.unn.edu.ng to stay informedngozihttp://www.unn.edu.ng/noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-29345098825349595362015-04-22T23:21:34.089+01:002015-04-22T23:21:34.089+01:00Reminds me of / further evidence for Robin Hanson&...Reminds me of / further evidence for Robin Hanson's dictum "politics isn't about policy" (rather about signalling affiliation and status, if I recall correctly).<br /><br />One partial solution is to get people to affiliate with/commit part of their identity to the ability to self-doubt and go with the data and give status to people who seem to do so. Of course this mostly means people with such commitments will just rationalize whatever affiliation/status seeking they would do anyway as following the data, but maybe sometimes it will be a nudge in the right direction, like science.<br /><br />Mike Linksvayerhttps://www.blogger.com/profile/04125251658502322772noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-25817150276514838502014-11-28T08:04:00.921+00:002014-11-28T08:04:00.921+00:00Thanks Dennis. I agree with both your points. Your...Thanks Dennis. I agree with both your points. Your second is a reversal of what usually happens, but I can see that some would take that route, and why. RHRonnie Horeshhttps://www.blogger.com/profile/05025464679362642331noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-57996123177786033562014-11-25T11:47:31.135+00:002014-11-25T11:47:31.135+00:00Is the Duke study not also an affirmation of cogni...Is the Duke study not also an affirmation of cognitive dissonance theory? We believe what we <i>did before</i> not just prior beliefs. <br /><br />At the same time, this is the power of Social Policy Bonds - they bypass a need for an ethical decision prior to action. Instead, you take an action, seemingly for your own gain, and when asked later for your reasons, you have a great ethical story to fall back on. Dennis Mansellhttps://www.blogger.com/profile/00301941551878056847noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-74398268006036206382014-02-15T16:13:28.446+00:002014-02-15T16:13:28.446+00:00Thank you crasch.Thank you crasch.Ronnie Horeshhttps://www.blogger.com/profile/05025464679362642331noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-61754810248317588672014-02-14T19:16:56.131+00:002014-02-14T19:16:56.131+00:00I'm an irregular reader, but I often check bac...I'm an irregular reader, but I often check back, and I continue to pitch the idea to people in Silicon Valley. craschhttps://www.blogger.com/profile/02238156187926745310noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-37699954713944083722014-01-21T03:38:40.675+00:002014-01-21T03:38:40.675+00:00Thanks Mike, much appreciated. Thanks Mike, much appreciated. Ronnie Horeshhttps://www.blogger.com/profile/05025464679362642331noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-49224266423718627112014-01-20T20:55:07.078+00:002014-01-20T20:55:07.078+00:00I read every post, mostly in a feed reader. I hope...I read every post, mostly in a feed reader. I hope you keep blogging -- or publishing in some public venue, if this blog isn't the right place.Mike Linksvayerhttps://www.blogger.com/profile/04125251658502322772noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-41019273764822646022014-01-14T06:51:06.861+00:002014-01-14T06:51:06.861+00:00Many thanks Wendy, I'd be very keen to discuss...Many thanks Wendy, I'd be very keen to discuss the potential role of data analysts with you. Why not get in touch via direct email? I won't give my email address here because of spam, but there are links on this page of my website: http://www.socialgoals.com/blog-contact-me.html. I look forward to hearing from you. Regards, RHRonnie Horeshhttps://www.blogger.com/profile/05025464679362642331noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-46486705475581678812014-01-13T21:25:24.503+00:002014-01-13T21:25:24.503+00:00Hello Ronnie,
I am here and I very much appreciat...Hello Ronnie,<br /><br />I am here and I very much appreciate this blog (just found it today). I also greatly appreciate your work and perspective. I am currently working on a set of posts for AllAnalytics which I would like to do in a factual, compelling and thoughtful manner. I think that the engagement of data analysts and professionals in this discussion will be very meaningful. Many times the quiet, diligent unsung heroes--data analysts can seize the political and policy-making day if objectivity and non-partisan attitudes prevail. I look forward to further discussion--Wendy Willbanks WiesnerAnonymoushttps://www.blogger.com/profile/15318702859231556777noreply@blogger.comtag:blogger.com,1999:blog-9695147.post-4762285116659405482013-01-23T07:48:29.591+00:002013-01-23T07:48:29.591+00:00nice blog...
this blog is very important for me .....nice blog...<br />this blog is very important for me ... thank you ...obat stroke alamihttp://goo.gl/mvzKHnoreply@blogger.comtag:blogger.com,1999:blog-9695147.post-51381353280886919402012-09-01T13:32:35.595+01:002012-09-01T13:32:35.595+01:00At times, the surety tries to establish that the o...At times, the surety tries to establish that the owner (clearinghouse in case of the financial sector) did not comply with the technical conditions of a bond to avoid paying the compensation. If the surety succeeds in proving this, the owner may have to settle for the least expensive remedy to the problem.Performance Bondshttp://www.chj-suretybonds.comnoreply@blogger.comtag:blogger.com,1999:blog-9695147.post-38807747529885240432012-07-28T15:05:26.149+01:002012-07-28T15:05:26.149+01:00The development of civilization makes democracy an...The development of civilization makes democracy and the humanization of society inevitable. The best minds tirelessly look for a new and effective form of government that would adequately represent today's changing society. The solution is near and the necessary resources to establish this form of government are already available in society.<br /><br />A new multipolar political system with a movable centre of joint decisions.<br /><a href="http://www.modelgovernment.org/" rel="nofollow">http://www.modelgovernment.org/</a>Anonymousnoreply@blogger.com