This 6-pillar curriculum teaches the basic literacy we need to be personally and financially successful and to do so in a manner in which together we evolve a culture that supports the emergence of an advanced human civilization.
[CAF Note: On a scale of 1-10, 10 being a terrific idea and 1 being a horrible idea, social impact bonds are a 1. I would much prefer that parties involved would stop engaging in/with financial fraud and narcotics trafficking. That, however, would not be good for their endowments and businesses. If we are lucky we get some prototyping of positive incentive systems and a lot more Orwellian photo ops.]
By Michael A. Fletcher
Six states are moving to develop so-called social impact bonds, marking a broad expansion of an experiment that taps private investors to fund capital-hungry social programs.
