The topic of secession has become increasing more common in recent years as various regions and minority populations (e.g., California and Texas) has openly suggested breaking away from the United States. The idea is forwarded with varying levels of seriousness, but the fact that talk of secession is increasingly done openly and repeatedly suggests increasing strength for what the political scientists call "centrifugal" forces. That is, cultural and political trends increasingly point toward growing separation and away from increased union. But even those willing to entertain the idea of...
After a National Divorce, Where Does the Debt Go?
