Distrust and Regime Uncertainty
Robert Higgs discusses the extreme distrust between business people and the Roosevelt administration in the mid-1930s onward, highlighting the impact of regime uncertainty on business decisions. The conversation delves into the reluctance of businessmen to accept government contracts and the changing dynamics as thousands of businessmen were brought into the government during the buildup to World War II. The discussion also draws parallels to the present-day regime uncertainty and its effects on risk calculation and investment decisions.In this clip
From this podcast
EconTalk
Robert Higgs on the Great Depression
Related Questions