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Why Governments Are Putting a Price on Literacy
For decades, social impact bonds were small-scale experiments, but a new "wholesale" model is taking over. From the Education Outcomes Fund in Lagos to the UK’s £500 million Better Futures Fund, governments are shifting risk to private investors who only get paid when real results—like improved literacy—are achieved. This episode dives into the mechanics of "outcomes rate cards," the ethics of profiting from social services, and whether this market-driven approach can truly scale to solve the world’s most pressing human crises. Episode 1486 — myweirdprompts.com/n/1486 (permanent short link…
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