Some Possible Consequences of a U.S. Government Default

Jeffrey Rogers Hummel

My Econ Journal Watch article on Treasury default is now available online. It appears in a special issue that is devoted to various articles with differing perspectives on the probability and consequences of a U.S. government default.

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2 thoughts on “Some Possible Consequences of a U.S. Government Default”

  1. Well, I suppose your views in the article aren’t popular with either incumbents or their would-be replacements…most of whom seem anxious to inflate and damn the torpedos.

    Therefore, you or an analog will likely have to lead a revolutionary takeover in order to test the idea, seems to me.

    I’m persuaded that your analysis is perfectly correct; if not, why was bankruptcy invented? But finding a pol willing to lead us through bankruptcy…

Please keep it civil (unless it relates to Jacques)

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