Chronicles Magazine Economy

Repudiating the Debt

Since Reagan, however, intellectual political life has gone topsy-turvy. Conservatives and allegedly “free-market” economists have turned handsprings trying to find new reasons why “deficits don’t matter,” why we should all relax and enjoy the...

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  • Correspondence

    Flyover Math

    In January, George Mason University published a survey of the financial solvency of our country’s 50 states. Illinois came in at 48th place, just in front of Connecticut and New Jersey. The Land of Lincoln caught a bit of a break, it seems.

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