More On Regime Uncertainty

by Don Boudreaux on December 20, 2011

in State of Macro, Stimulus, The Crisis

Here’s my second installment at this month’s Cato UnboundAnd here’s Dean Baker’s reaction – to which I add now (with more later) that the data I’m familiar with shows that real personal consumption expenditures have recovered now; they are slightly higher than they were pre-recession.

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