How to Take Risks, Make the World a Better Place, and Get Paid
P.S. You’re Interesting
English - May 29, 2018 18:28 - 42 minutes - 98.8 MB - ★★★★★ - 5 ratingsCourses Education Society & Culture citizenship judicial planning publicadministration publicpolicy realestatedevelopment senate usc academics accountability Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Next Episode: The Eternal Struggle for Power on Capitol Hill
Think of all the public policy problems that the government hasn’t been able to solve. Now imagine that you had a solution for one of them. The government should be interested, right? If your solution really works, they should want to invest in it. They should want to encourage you to make it happen, perhaps monetarily if possible. Well, until recently, they didn’t have many avenues to do so. Enter…“social impact bonds,” and the new system of “payment by results.”
In this episode, Gary Painter walks us through some examples of these new “outcome-based” payment systems to encourage innovative risk-taking to solve wicked problems in public policy.
For links and more, check out the showpage.