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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Notes On Liberty 
Aggreed. I will deffinatly be back.
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…