Well, I'm glad there wasn't much talk about it. I testified last year on social impact bonds before another parliamentary committee. There's just so much primary work that needs to be done to lay a strong foundation, and I agree here with the testimony of my other colleagues. Before picking up social impact bonds as a really useful tool, you need to recognize that they essentially attract a lot of consultants and a lot of brain damage without your having a foundation on which to be able to judge them and set up a robust social finance environment in which they'd be successful.
On March 10th, 2015. See this statement in context.