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by nhaehnle 3934 days ago
Interesting. The fundamental goal seemed a noble one, but it was badly implemented. Any lessons to take away?

One immediate idea is some kind of vesting, i.e. you can't actually sell your vouchers for X years (or stages, being able to sell certain percentages after a certain number of years).

A second idea is to encourage the formation of public interest associations to manage the ownership. There are already some non-traditional funds run with some social goals in addition to the goal of making money, perhaps that would help. (But I'm really just brainstorming right now.)

1 comments

My knee-jerk reaction is that these people got bit because they weren't educated on the matter, so free education would've been helpful. Incidentally, I feel like that would help with the original problem as well.

I am really starting to think that government should reduce the cost of education as a public good.