Professor Machan holds the R.C. Hoiles Chair of Business Ethics and Free Enterprise at the Argyros School of Business and Economics at Chapman University in Orange, Calif. He is professor emeritus in the department of philosophy at Auburn University, a research fellow at the Hoover Institution and an adjunct scholar at the Cato Institute.
Editor’s Note: This is the fifth in a CalWatchDog.com Special Series of 12 in-depth articles on municipal bankruptcy. There are
What is it about California that inspires such insistently cheerful happy talk from New York Times columnist/Princeton professor Paul Krugman?