Robert Higgs

Economist

Robert Higgs is a distinguished American economic historian and a prominent figure associated with the Austrian School of economics. He is widely recognized for his theory of the 'ratchet effect,' which explains how government power expands during crises and fails to recede completely afterward. Higgs also developed the concept of 'regime uncertainty' to describe how investor apprehension about unpredictable government actions can stifle economic recovery. As a Senior Fellow at the Independent Institute, he remains an influential author, editor, and critic of government intervention in the economy.

Feb 01, 1944 - Present American 15 Quotes

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