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States of (Fiscal) Emergency—and a Plan to Fix Them

12:03 PM, May 30, 2012 • By ADAM J. WHITE
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Finally, interested readers should take care to consider Greve's own thoughtful points, both in the Liberty Law Blog this week and in a longer Federalist Society white paper that he wrote last year.  Greve ultimately shares Lowenstein's pessimism as to the odds that Congress will actually turn theory into sound reform: "When States Go Broke powerfully illustrates the need for meaningful reforms. Most likely, we will undertake none of them."  Let's hope -- for once -- that Greve and Lowenstein are both wrong.  

And for that matter, let's hope that Cambridge University Press soon rethinks its marketing strategy, and publishes a version cheap enough for policymakers, workaday lawyers, and everyone else without university library cards to get their hands on.

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