I did not have anything in particular in mind about what the people asking for loans would do without human extinction soon. In general, I think it makes sense for people to pay their loans. However, since I strongly endorse expected total hedonistic utilitarism, I do not put an astronomical weight on respecting contracts. So I believe not paying a loan is fine if the benefits are sufficiently large.
I read Vasco as suggesting exactly that—what is your understanding of what he meant, if not that?
Hi Rebecca,
I did not have anything in particular in mind about what the people asking for loans would do without human extinction soon. In general, I think it makes sense for people to pay their loans. However, since I strongly endorse expected total hedonistic utilitarism, I do not put an astronomical weight on respecting contracts. So I believe not paying a loan is fine if the benefits are sufficiently large.