Are Social Impact Bonds a good way to invest in public services? "Imagine a contract where private investors are paid by the government if there's a decrease in homelessness or convicts re-offending. It's a an idea that's taking shape in the UK and some US states. And now the Canadian government is considering piloting social impact bonds. Critics say it's a way of governments shirking their responsibilities." CBC's "The Current" reports. [more inside]
Giving What We Can is a movement founded by Toby Ord , a 31 year old Oxford academic on slightly more than average income who plans to give away a million pounds during his lifetime. [more inside]
Kiva transparency commentary: "I suspect that most Kiva users do not realize this." The controversy is summarized by the NY Times. [more inside]
The global distribution of income is becoming ever more unequal. One of the proposed solutions? More charity by the ultra-rich.