Uncertainty triggered by government policy may have played a large role in the U.S. economy’s 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.

 PDFRead the Full Article (PDF, 22 pages)


Other Independent Review articles by Adam Martin
    Summer 2017   The New Egalitarianism