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Samuel Gregg: Risk, uncertainty, and the rule of law

By Alliance Alert

Samual Gregg, Research Director at the Acton Institute, writing at Public Discourse: "The Economics journalist Robert Samuelson recently observed that signs of undue risk adverseness are creeping into the American economy . . . Given the severity of the 2008 financial crisis and the associated recession, such trends are understandable. But another element in play is the degree of uncertainty now characterizing the American investment climate . . . the degree of uncertainty may well be heightened by the gradual impact upon the economy of another factor: a notable weakening of several conditions that make up vital elements of the rule of law."

Full post as published by Constitutionally Correct on January 26, 2011 (boomark / email).