Pairing philanthropy and profit takes work—and smart regulation.
For the past 100 years, especially in the West, we have organized our resources around two basic assumptions: first, that the only way for private citizens to address social problems is by providing donations to charities; and second, that the only purpose of investing and business is to make money. In this article, Jed Emerson and Antony Bugg-Levine present a framework for converting possibilities to reality within impact investing.