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Analytics Can Support Social Impact Bonds

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CitySolver
CitySolver  
7/31/2014 10:31:42 AM
User Rank Blogger
long term investment
I agree, the problem with social issues is they wont simply go away and regular invetment is needed. If we pay by results we will futher increase inequality between neighborhoods that need help

Walter Fieuw
Walter Fieuw  
7/24/2014 8:34:33 AM
User Rank Blogger
Need for better governance
Very intersting posting Kim. The other day I stumbled upon this article in the Guardian on the IoT and the welfare state > http://www.theguardian.com/technology/2014/jul/20/rise-of-data-death-of-politics-evgeny-morozov-algorithmic-regulation

"With his belief that algorithmic regulation is based on "a deep understanding of the desired outcome", O'Reilly cunningly disconnects the means of doing politics from its ends. But the how of politics is as important as the what of politics – in fact, the former often shapes the latter. Everybody agrees that education, health, and security are all "desired outcomes", but how do we achieve them? In the past, when we faced the stark political choice of delivering them through the market or the state, the lines of the ideological debate were clear. Today, when the presumed choice is between the digital and the analog or between the dynamic feedback and the static law, that ideological clarity is gone – as if the very choice of how to achieve those "desired outcomes" was apolitical and didn't force us to choose between different and often incompatible visions of communal living."

Your article does add another dimension to this criteque - perhaps the role of intermediary organisations? I dont think privitisation is the answer. But this notion of social compacting is really important and largely lacking 

Resurgent phoenix
Resurgent phoenix  
7/19/2014 3:54:55 AM
User Rank City Slicker
For the people
Some program should be in place to give some youth a chance for a better life. It is always nice to save a large number, but the program should not be base on making money or saving money. That is treating the programs like commodities not a social service. Often Social Service program do make a difference and may not show results until the next generation. Governments are not business they have a constituency not customers. Measurements are good and some governmental services should generate revenue.

kq4ym
kq4ym  
7/18/2014 9:20:22 AM
User Rank Urban Legend
Metrics Trips SIBs
The problem of defining the terms and measuring the results might be the stumbling block for SIBs. Vendor will have their own way of defining success and agencies another. And getting enough lawyers together to set the defining metric language is not going to be easy. In principle the idea sounds great, but in practice not so easy.

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