Skip to content

Alt-M

Ideas for an Alternative Monetary Future

Alt-M

Ideas for an Alternative Monetary Future

  • Home
  • Contributors
    • George Selgin
    • Larry White
    • James Dorn
    • Jennifer Schulp
    • Norbert Michel
  • Primer
  • Working Paper Series

Puerto Rico

bankruptcy law, government debt, Puerto Rico, secured bondholders, U.S. Treasury
Financial Markets, News, Recommended Reading

The Administration’s Puerto Rico Jujitsu Threatens the States’ Ability to Borrow

Ike Brannon/March 3, 2016June 19, 2022

The New York Times reported last week on some of the details of the Obama Administration’s recovery plan for Puerto Rico, and it does not bode well for investors — or for states and municipalities that borrow money. The island’s government is $72 billion in debt, with…

Continue reading

Follow

Print

Subscribe


Contributors

  • Hu McCulloch
  • James Dorn
  • Norbert Michel
  • Larry White
  • Jennifer Schulp
  • Alan Reynolds

Categories

  • Banking Regulation (125)
  • Booms & Busts (57)
  • Commodity Money (80)
  • Currency Boards (19)
  • Digital Money (99)
  • Economic History (207)
  • Economic Thought (167)
  • Events (60)
  • Fiat Money (81)
  • Financial Innovation (50)
  • Financial Markets (138)
  • Free Banking (211)
  • Inflation & Deflation (86)
  • Legal Analysis (3)
  • Monetary Policy Primer (12)
  • Money & Politics (335)
  • News (259)
  • Recommended Reading (99)
  • Securities Regulation (7)
  • The Fed & Central Banks (381)
  • Uncategorized (11)
  • Working Papers (7)

Recent Posts

  • The New Deal and Recovery, Part 23: The Great Rapprochement
  • The New Deal and Recovery, Part 22: Postwar Monetary Policy
  • Diamond and Dybvig and the Panic of 1907
  • Diamond, Dybvig, and Government Deposit Insurance
  • Bank and Crypto Runs: F(ac)TX vs Fiction
  • The New Deal and Recovery, Part 21: Happy Days
  • Stop Lionizing Paul Volcker and Villainizing Arthur Burns

About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

Sponsors

Liberty and Privacy Network
This work by the Cato Institute and the Liberty and Privacy Network is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
DMCA | Privacy Policy
top