naked capitalism Mon 2010-04-12 18:08 EDT
Guest Post: Is Debt Repudiation a Good Thing or a Bad Thing?
I hesitated in posting on this subject, as I thought it might be too ``radical''. But after reading what economists Steve Keen, Michael Hudson and Murray Rothbard said about debt repudiation, I decided to post it. This essay rounds up arguments for debt repudiation, because that side is rarely heard. But feel free to post comments on why debt should not be repudiated -- the issue is still an open question in my mind.
bad things; Debt Repudiation; good thing; Guest Post; naked capitalism.