The World Economic Forum’s annual rankings of countries by their competitiveness on the world economic stage were announced today. And the results … We’re No. 1 No. 5!
Geneva, Switzerland, 7 September 2011 – Switzerland tops the overall rankings in The Global Competitiveness Report 2011-2012, released today by the World Economic Forum. Singapore overtakes Sweden for second [...]
I saw a quote from Professor Robert Higgs on regime uncertainty today and it struck a chord because there were two stories (see below) that exemplify its meaning. Higgs defines regime uncertainty as follows:
… As I understand regime uncertainty, it has to do with widespread inability to form confident expectations about future private property rights in [...]