REMEMBER THE DREADED "UNCERTAINTY"?

The conservative radio gasbags used to warn us (e.g., Limbaugh in 2009) that it would destroy our economy but only good would happen if we enacted some form of Von Mises/Hayek economy.   Well, it turns out that so far, uncertainty isn't showing up much in the data and even the much-touted definition of uncertanty by Baker,  Bloom & Davis is specious.