If we wanted a program to help the majority of the population, we'd offer loan guarantees to help poor people get access to reliable cars so that they could have a better shot at getting - and keeping - a well-paying job...A small amount of capital could make a much bigger difference in their lives than extra student loan relief for middle-class college kids would.
Megan McArdleIt is a vast, and pervasive, cognitive mistake to assume that people who agree with you (or disagree) do so on the same criteria that you care about.
Megan McArdleEntrenched customs represent a social equilibrium, and moving away from that equilibrium is difficult to do on your own.
Megan McArdleWe have made it impossible for children to fall very farโand in so doing, we have robbed them of the joys of climbing high.
Megan McArdleIf we wanted a program to help the majority of the population, we'd offer loan guarantees to help poor people get access to reliable cars so that they could have a better shot at getting - and keeping - a well-paying job...A small amount of capital could make a much bigger difference in their lives than extra student loan relief for middle-class college kids would.
Megan McArdle