The Problem with Defaulting in Argentina: A Response to Murphy

Let me begin with an apology for my relatively late entry into this debate. I would have interjected earlier, but for three months, I have been dealing with cancer and starting a new job as Assistant Professor of Economics at the Panamerican Institute of Senior Management. This prevented me from following content like the exchange between Professors Philipp Bagus and Jörg Guido Hülsmann on mises.org. Professor Bagus recently brought it to my attention, and soon after, I came across Dr. Bob Murphy’s podcast episode on the topic.

Our Secret Constitution

George P. Fletcher is widely regarded as an authority in criminal law, and he has taught at Columbia University Law School for many years. He is also an authority on Kant’s moral philosophy and, contrary to the secular views of most of his contemporaries, is interested in the religious origins of our belief in moral rights.

Ken Burns Plays the “Founding Chaos” Card

In high school, I was exposed to the conventional wisdom concerning our nation’s founding—Battles of Lexington and Concord, Declaration of Independence, British defeat at Saratoga and Yorktown, and the Peace of Paris 1783. Finally, the Articles of Confederation were given short shrift, as the failed initial attempt at self-government that necessitated a stronger federation under the Constitution.

Two lightbulb moments changed my history book view of the Articles: