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This idea has been floated before: http://www.freakonomics.com/2010/11/18/freakonomics-radio-could-a-lottery-be-the-answer-to-americas-poor-savings-rate/ http:/
by cschneid 14y ago
This idea has been floated before: http://www.freakonomics.com/2010/11/18/freakonomics-radio-could-a-lottery-be-the-answer-to-americas-poor-savings-rate/ http://www.freakonomics.com/2010/11/18/freakonomics-radio-co...
Basically just taking all the interest from the loans, and splitting it up as payouts in a lottery among everybody who has money saved.
- alanctgardner2 14y agoI knew I read it from Levitt somewhere. For better or worse, most of my knowledge of economics derives from his blog and books. Of course, he describes it better than I did.