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.
Regime Uncertainty and the Great Recession
By Adam G. Martin, Wolf von Laer
This
article
appeared in
the Spring 2016 issue of The Independent Review.
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(22 pages)
Banking and FinanceBusiness and EntrepreneurshipEconomic PolicyEconomyGovernment and PoliticsGovernment Power
| Other Independent Review articles by Adam G. Martin | |
| Summer 2019 | The Mantle of Justice |
| Summer 2017 | The New Egalitarianism |
