And speaking of harmful restrictions on people’s freedom to trade, Gene Epstein – in his current Barron’s column – rightly laments that one of the big losers in Tuesday’s presidential debate was Adam Smith .
On this issue of the burden of the debt, I continue to insist that Jim Buchanan  got it right. In earlier posts (too numerous to mention here, but search in “Categories” under “Debt and Deficits “) I linked to some of Jim’s best work on this topic. Here’s another: his very short article “Confessions of a Burden Monger ,” which originally appeared in the October 1964 issue of the Journal of Political Economy.
Behind on my reading, I only now found Sheldon Richman’s splendid lead essay in this month’s edition of Cato Unbound .