You're looking at Less Wrong's discussion board. This includes all posts, including those that haven't been promoted to the front page yet. For more information, see About Less Wrong.

[Link] Concrete steps are being taken towards futarchy

4 Post author: AspiringRationalist 14 June 2013 12:21AM

Article: Can investors make money in social services?

According to the article, six states are experimenting with funding social programs using "social impact bonds", which only pay out if the programs achieve their official objectives.  The project is in its early stages, so it's not clear what will happen if the market decides that a program isn't worth funding, but this looks quite promising.

Comments (4)

Comment author: gwern 14 June 2013 02:43:06AM 2 points [-]