Guest Post – Flaws in the Social Impact Bond Craze

A Post from Jon Pratt, Executive Director, Minnesota Council of Nonprofits Social Impact Bonds is a concept that is definitely at a taking-off point, with some big money and very well-known supporters (Rockefeller Foundation, Kennedy School of Government, McKinsey, New York Mayor Bloomberg, Goldman Sachs, etc.). However fast growing the Social Impact Bond promotion, there are several reasons to closely examine and question the claims made for SIBs: First, it’s easy to see why this idea is attractive — if it could deliver more resources and better results, what public official or taxpayer wouldn’t be for it?  It is also…

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