The upside of government default

posted by
February 19, 2012
The American
by Jeffrey Rogers Hummel  
Posted in Commentary

"There is a good chance that the U.S. government will be forced to default on its explicit and implicit promises within the next few decades. Fortunately, the state government experience of the 1840s suggests that this may provide the best and most durable long-run solution." (02/16/12)  


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