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Archive for August 24th, 2010

Regime Uncertainty: Are Interest-Rate Movements Consistent with the Hypothesis? »

Regime uncertainty has gained increasing recognition as the current economic troubles have persisted with little or no improvement since the economy reached a cyclical trough early in 2009. As described in my 1997 paper, regime uncertainty pertains to the likelihood that investors’ private property rights in their capital and the income it yields will be...
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This Week in The Lighthouse: Britain’s Budget Cuts, Nationalizing Marriage, Privatize Police, Entrepreneurship »

As usual, this week’s Lighthouse deals with a wide range of topics, including British Prime Minister David Cameron’s efforts to slash public spending (Alvaro Vargas Llosa), same-sex marriage in California (William J. Watkins, Jr.), the virtues of private policing (Bruce L. Benson), and the importance of entrepreneurship (David J. Theroux). Here are links to...
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