I think tech debt can be a useful analogy in software development. We use the term every now and then to point out pieces of code that we want to rewrite. Howe

I think tech debt can be a useful analogy in software development. We use the term every now and then to point out pieces of code that we want to rewrite. However, we should not stretch the analogy. I think the author goes way too far. Talking about interest rates, debt ceilings, and ratios doesn’t make sense. Besides, I'll comment on some of the financial claims: Debt doesn’t necessarily need to be payed back. I guess most debt is never payed back because there’s are useful projects behind it. If some software is generating millions of profit, should we then pay back all its debt? Maybe it sufficient to just maintain the software a bit a go home early. Calling a family stupid because they take a loan to go to Disneyland is a very narrow view. Maybe the utility is much higher than the said interest because the family needs a couple of days together (for whatever reasons the economics professor likes to ignore).