Regime Uncertainty and the Great Recession
By Adam G. Martin, Wolf von Laer
Uncertainty triggered by government policy may have played a large role in the U.S. economys slow recovery from the Great Recession. Whether or not it is the leading cause of the sluggishness, regime uncertainty is a powerful idea that adds nuance to the theory of market process.
|Other Independent Review articles by Adam G. Martin|
|Summer 2019||The Mantle of Justice|
|Summer 2017||The New Egalitarianism|