Can Capitalism Keep People Out of Prisons?

The results of the Rikers Island SIB and the launch of the other transactions raise a host of questions about whether or not these structures can actually transform public finance and bring more capital to social services. Read more of this op-ed on Quartz, and check out key findings from MMI's recent report on impact investing.
By William Burckart and Steven Godeke, published on Quartz
 
William Burckart is the Founder and CEO of Burckart Consulting  an impact investing analytics and strategy advisory firm. He serves on the Global Advisory Council of Cornerstone Capital Group and is a visiting scholar at the Federal Reserve Bank of San Francisco. 
Category: 
Financial News
Tags: 
Impact Investment