Monday, April 20, 2009

McArdle update

Megan McArdle has a number of interesting recent posts on her blog.

"Whether the topic is war or taxes, telling honest citizens to shut up and do what the government tells them is not the act of a sound democratic society."

Hong Kong was once a light in the darkness. Literally.

Credit default swaps may encourage debtors to force companies into bankruptcy because they lose less that way than by renegotiating the debt.

Why every pension system is flawed.

What happens to a person in debt in a society that does not have bankruptcy, but imprisons debtors.

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