What bankruptcy laws are for

Instead of a bailout, says this economist who also offers a good overview of what got us into this mess, we simply need to make use of our bankruptcy laws.

Volkswagen's scam
Sesame Street and the free market
Megabrewery--no, gigabrewery
What about wage subsidies?
About Gene Veith

Professor of Literature at Patrick Henry College, the Director of the Cranach Institute at Concordia Theological Seminary, a columnist for World Magazine and TableTalk, and the author of 18 books on different facets of Christianity & Culture.

  • http://necessaryroughness.org Dan at Necessary Roughness

    Jeff Miron is a good guy to read, and he makes a lot of sense here. I as a taxpayer should not be responsible for mortgage lenders who make mortgages whose payments don’t even cover interest plus principal.