The social sector's hottest "impact investing" product--the social impact bond (SIB)--has generated a range of reactions, from excitement to angst. An SIB uses private funds to pay for a social, educational, or health program, and the government repays investors (plus a return) only if the program achieves prespecified results. The…

The need for vocational and personal attitude training for prisoners has been recognized for many years. In keeping with the commitment to individual prisoner's development, the Florida Department of Corrections developed a program of life skills training for inmates, the Life Skills Overview Module, in cooperation with local community colleges.…