Discussion Tuesday
Another one:
Bankruptcy law and limited liability is essentially a form of “worst case” insurance for those who set up and own businesses. As a result, firms who take on this structure should also have to take on an insurance premium.
Hey myself,
After you wrote this, Joshua Hendrickson released this:
http://object.cato.org/sites/cato.org/files/serials/files/cato-journal/2014/2/v34n1-7.pdf
It is sort of related, just with specific reference to financial intermediaries.