SIBs are currently being used to invest in people, not places. But, for cities looking to innovate, SIBs may provide a promising model for funding reclamation of blighted areas cities inherit or want to develop.
Adapting and applying market based strategies for the non-profit sector would allow non-profits to potentially generate enough income to stabilize their core administrative needs. This would allow them to utilize revenue.
Our nation's costly prison complex incarcerates more people than any other country in the world. Re-aligning the incentives of our corrections departments is the only way toward achieving a system of justice that is worthy of that name.
We need a society in which our government and our people embrace responsibility for the common good and in which altruism and philanthropy are more a motivation in supporting charitable activity than in the profit-seeking greed of capital markets.