Robert Higgs introduced the concept of “regime uncertainty”, government policies and actions that threaten property rights, in his outstanding paper, Regime Uncertainty: Why the Great Depression Lasted So Long and Why Prosperity Resumed after the War to explain the depth and duration of the Great Depression with special attention to the “Roosevelt recession” of 1937 to 1938, a recession within a depression.

Andy Duncan (see Mises Daily archive) writes,

George Reisman, professor emeritus of economics at Pepperdine University responds to a recent article by Henry Blodget at Business Insider.

Dear Mr. Blodget:

I’ve read your article “Finally, A Rich American Destroys The Fiction That Rich People Create The Jobs.”

Walter Block is back with another controversial article this time questioning a four year old article by Wendy McElroy.

Here is Wendy’s response to Walter from four years ago when he raised similar issues, but never replied.

I’ve been intrigued by the Occupy movement and have written a number of articles and posts on it for Forbes and the Mises Blog. I see this as a teachable moment: a lot of people are angry, but their anger is misdirected.

Has free banking turned MF Global into the eighth largest bankruptcy in history?

I was glad to see Bryan Caplan take up my invitation to join the Julian Simon Club. Other members now include Stephen Miller, Don Boudreaux, Eli Dourado, Matt Zwolinski, and a few people commenting under pseudonyms (if I’ve missed you, please forgive me!).