Rep Ryan and Sen Murray are bipartisan champions of a future that is better for everybody. Their efforts are to be applauded along with those of other politicians wise enough to see how the status quo won’t do and indeed that the future must involve SIB/PFS structures being used more frequently.
Alas however for those who are bathed in the wondrous sunny optimism redolent of Ronald Reagan and all great things American, the truth in Europe is a lot darker. Hence we run our first article in SIB News from Italy and it is (Uncle Google’s cousin “Google Translate” can assist as required) overwhelmingly negative.
For those readers not au fait with the current economic state of that wonderful nation, sadly the dolce vita is something only found nowadays in old movies. Italy is bankrupt and like much of Europe on the verge of tearing itself apart as the state fails all stakeholders but a mentality continues to grasp to economic illiteracy, fantasy budgeting and an abhorrence of anything which involves responsibility or the private sector.
SIBs will flourish but in much of Continental Europe there is tragically likely to be a whole further phase of downswing before the situation reaches rock bottom and looks to rebuild.
We Need Evidence-Based Solutions To All Of Society’s Problems
Neil Wollman – The Hill
Movement toward this approach is happening on several fronts.
Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.) introduced a bill for an evidence-based policymaking commission emphasizing the need to gather data to evaluate federal programs.
Bipartisan legislation has been introduced in both the House and Senate for Social Impact Bonds, where private investors’ money leads to a pay-off later if the programs save the government money. The intention is to promote investment in effective programs.
A reauthorization of the Juvenile Justice and Delinquency Prevention Act was recently re-introduced, in a bipartisan vote, to stress more accountability and evidence-based programs.
Crisi Del Welfare, Gli Impact Bond Non Sono La Soluzione (Italian version only)
(Welfare crisis, the impact bonds are not the solution)
Vita
The president of the Foundation Ant: ” The variable is not so much the resources that the NHS provides that the number of people to attend, which will increase more and more in the coming years “