On Friday, April 1, 2011, the Wisconsin state governor Scott Walker signed into law an immensely controversial bill passed by that state’s legislature the previous evening despite death threats, intimidation, and large demonstrations by organized labour supporters. The new law effectively puts this Midwestern state’s public-sector unions on a diet of low-fat cheese at a time when many American states and municipalities are teetering on the brink of bankruptcy. The consequences of such defaults on state and municipal financial obligations would be profound…