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.

Adam G. Martin is a Research Fellow at the Independent Institute in Oakland, California, political economy research fellow at the Free Market Institute, and associate professor of agricultural and applied economics in the College of Agricultural Sciences and Natural Resources at Texas Tech University.
Banking and FinanceBusiness and EntrepreneurshipEconomic PolicyEconomyGovernment and PoliticsGovernment Power
Other Independent Review articles by Adam G. Martin
Summer 2024 A Research Agenda for Austrian Economics
Summer 2023 A Modern Guide to Austrian Economics
Fall 2022 Essays on Austrian Economics and Political Economy
[View All (5)]