From The Atlantic: Megan McArdle On Elizabeth Warren’s Bankruptcy Study

Full post here.

So is this just a libertarian worried about a liberal push for universal health care?

“The post-2005 fall in bankruptcies, then the steady subsequent rise back towards the pre-2005 mean, is the central fact about US bankruptcy in the last ten years.  It’s like doing a study on bank capital without reference to the financial crisis.”

Mcardle argues that Warren rather sloppily (or in very partisan fashion) didn’t address that issue in her report, mostly because she has a dog in the hunt.  The comments are really insightful. A good debate.

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