BRYAN CAPLAN
May 7, 2013
Keynesian Bets: What's Out There
May 6, 2013
Keynesian Bets Bleg
May 6, 2013
The Pyramid of Macroeconomic Insight and Virtue
May 2, 2013
A Natalist Provision
May 1, 2013
I Was a Teenage Misanthrope
DAVID HENDERSON
May 5, 2013
John Thacker on Vaccinations and the Sequester
May 3, 2013
Chef Rudy's Virtues Project
May 2, 2013
My take on Reinhart and Rogoff
May 1, 2013
Medicare Kills a Program


It would raise the cost of capital by changing the legal structure of bankruptcy. I'm not certain how that would qualify as wise.
Do you or Greg have any estimation/postulation of how much Speed Bankruptcy would raise debt capital costs?
(I do.)
The markets would and should determine how much debt capital costs would rise and they would vary as markets always do. If you have a better idea than most people of what these markets will do in the future that should be very profitable for you.
As always, investors will end up choosing from the choices actually available to them, not from the choices they wish were available.
Thank you, Greg.
That's not only an answer to my question, it's the one and only correct answer to my question!