Exact(8)
This is debt used for investment purposes that increases productive capacity and produces future income" – Scott Morrison, 14 December 2016.
First, you have to think of college in human capital terms: as an investment that produces future earnings.
But "for the news industry defending against past mistakes produces future mistakes", Shirky says, because that industry isn't the same anymore.
In an economic speech on Wednesday, Morrison distinguished "bad debt" – to pay for recurrent spending – from "good debt" – debt used for investment purposes that increases productive capacity and produces future income.
RT @Rasiej: @cshirky mentions @homicidewatch an amazing journalistic platform built"As if the net existed"#activatenyc12 — Scott Stadum (@ScottinDC) May 3, 2012 But "for the news industry defending against past mistakes produces future mistakes", Shirky says, because that industry isn't the same anymore.
In this view, strong moral character produces future laudable behavior.
Similar(52)
The programs have begun producing future major leaguers.
But, in any case, school science education is not just about producing future scientists.
Maryland has produced future stars like Chris McCarron and Kent Desormeaux, former apprentice sensations who are in the Hall of Fame.
On the other hand, I'm not producing future recipients of Social Security either.
St. John's ranks among the top 2percentt of colleges for producing future PhDs.
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