We all are indeed at Racket school. 

The arguments for/against contracts have been made over and over again 
especially by Betrand Meyers, before we even introduced and studied the 
higher-order boundary-tied variant. 

+ Contracts separate the core functionality of a service module from its 
assumptions. 
+ Contracts can be read separately as API specs ~~ no need to read the code of 
a function/class/method. 
+ Contracts are more concise than manual checks and they are collected in a 
single space. 
+ Contract error messages are systematically generated and readable. 
+ An improvement to the contract system automatically benefits all contracts. 

- Contracts might occasionally impose a small performance overhead over manual 
contracts. (They might also be faster if they can communicate with the 
compiler.) 
- Contract boundaries are somewhat “stiff” as Oak says in his email. 
Contributions for boundary re-factorings in DrRacket are welcome. 

Now you need to choose which dis/advantages you prefer — Matthias

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