Friday, April 8, 2011

Human Capital Bonds 4

My state representative, Keith Downey (R-Edina) had a big win this week when his "human capital bond" idea was included in the human services budget passed by the state House.  It is only a $20 million pilot-project, and there is no guarantee it will be signed into law, but it's a start.

Bob DeBoer at the Citizens League policy blog (April 7 entry) does yeoman's work in straightening out the Star Tribune article I link to, above.

Further reading:  see the Citizens League Minnesota Journal Nov/Dec 2010 cover story for a primer on the concept of "Human Capital Performance Bonds".

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