It is effectively. The govt (and society) recovers value through taxes which is a % earnings forever.https://twitter.com/vgr/status/722090838356992000 …
@jsfour that's a specific possible mechanism. I don't like it since it seems to trade debt peonage for slavery. Soln needs more imagination
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@jsfour there have been experiments along those lines, but I don't think they've been any good...Lots more experiments need to be tried out. -
@vgr I'm fairly certain that the argument for student debt (initially) was that an educated workforce created more wealth (thus taxes) - 1 more reply
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