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Bankruptcy, The Credit Card And American Freedom

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Author Info
Robert Ellmann
Abstract

"Over the past 30 years, the USA has enhanced economic freedom in a paradigmatic way. This was accomplished through its unique 1978 bankruptcy law legislation, which itself had been necessitated by the previous over-use of the credit card. Curiously, this expansion of economic freedom is reminiscent of some nineteenth-century calls for social justice." Copyright (c) 2009 The Author. Journal compilation (c) Institute of Economic Affairs 2009.

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Article provided by Blackwell Publishing in its journal Economic Affairs.

Volume (Year): 29 (2009)
Issue (Month): 1 (03)
Pages: 40-44
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Handle: RePEc:bla:ecaffa:v:29:y:2009:i:1:p:40-44

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This page was last updated on 2009-11-28.

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