The Reason of Rules

The Reason of Rules PDF Author: Geoffrey Brennan
Publisher: Cambridge University Press
ISBN: 9780521070904
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Societies function on the basis of rules. These rules, rather like the rules of the road, coordinate the activities of individuals who have a variety of goals and purposes. Whether the rules work well or ill, and how they can be made to work better, is a matter of major concern. Appropriately interpreted, the working of social rules is also the central subject matter of modern political economy. This book is about rules - what they are, how they work, and how they can be properly analysed. The authors' objective is to understand the workings of alternative political institutions so that choices among such institutions (rules) can be more fully informed. Thus, broadly defined, the methodology of constitutional political economy is the subject matter of The Reason of Rules. The authors have examined how rules for political order work, how such rules might be chosen, and how normative criteria for such choices might be established.

The Reason of Rules

The Reason of Rules PDF Author: Geoffrey Brennan
Publisher: Cambridge University Press
ISBN: 9780521070904
Category : Business & Economics
Languages : en
Pages : 0

Get Book

Book Description
Societies function on the basis of rules. These rules, rather like the rules of the road, coordinate the activities of individuals who have a variety of goals and purposes. Whether the rules work well or ill, and how they can be made to work better, is a matter of major concern. Appropriately interpreted, the working of social rules is also the central subject matter of modern political economy. This book is about rules - what they are, how they work, and how they can be properly analysed. The authors' objective is to understand the workings of alternative political institutions so that choices among such institutions (rules) can be more fully informed. Thus, broadly defined, the methodology of constitutional political economy is the subject matter of The Reason of Rules. The authors have examined how rules for political order work, how such rules might be chosen, and how normative criteria for such choices might be established.

The Constitution of Markets

The Constitution of Markets PDF Author: Viktor J Vanberg
Publisher: Routledge
ISBN: 1134733364
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
This book examines the institutional dimension of markets and the rules and institutions that condition the operation of market economies.

The Constitution of Political Economy

The Constitution of Political Economy PDF Author: Adrian Pabst
Publisher: Cambridge University Press
ISBN: 1108918506
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
The two dominant conceptions of political economy are based on either reducing political decisions to rational-choice reasoning or, conversely, reducing economic structures and phenomena to the realm of politics. In this book, Adrian Pabst and Roberto Scazzieri contend that neither conception is convincing and argue for a fundamental rethinking of political economy. Developing a new approach at the interface of economic theory and political thought, the book shows that political economy covers a plurality of dimensions, which reflect internal hierarchies and multiple relationships within the economic and political sphere. The Constitution of Political Economy presents a new, richer conception of political economy that draws on a range of thinkers from the history of political economy, recognising the complex embedding of the economy and the polity in society. Effective policy-making has to reflect this embedding and rests on the interdependence between local, national, and international actors to address multiple systemic crises.

Constitutional Economics

Constitutional Economics PDF Author: Stefan Voigt
Publisher: Cambridge University Press
ISBN: 1108486886
Category : Business & Economics
Languages : en
Pages : 153

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Book Description
This concise survey of the questions, methods, and empirical findings central to constitutional political economy fills a gap in the literature of political economy. Voigt, a pioneer of the field, demonstrates how constitutional rules affect political economy, appealing to both scholars of the field and readers with no familiarity of the topic.

The Constitution of Markets

The Constitution of Markets PDF Author: Viktor Vanberg
Publisher: Psychology Press
ISBN: 9780415154710
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
This book examines the institutional dimension of markets and the rules and institutions that condition the operation of market economies.

The Law of Political Economy

The Law of Political Economy PDF Author: Poul F. Kjaer
Publisher: Cambridge University Press
ISBN: 1108493114
Category : Law
Languages : en
Pages : 423

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Book Description
"Political economy themes have - directly and indirectly - been a central concern of law and legal scholarship ever since political economy emerged as a concept in the early seventeenth century, a development which was re-inforced by the emergence of political economy as an independent area of scholarly enquiry in the eighteenth century, as developed by the French physiocrats. This is not surprising in so far as the core institutions of the economy and economic exchanges, such as property and contract, are legal institutions.In spite of this intrinsic link, political economy discourses and legal discourses dealing with political economy themes unfold in a largely separate manner. Indeed, this book is also a reflection of this, in so far as its core concern is how the law and legal scholarship conceive of and approach political economy issues"--

The Economic Effects of Constitutions

The Economic Effects of Constitutions PDF Author: Torsten Persson
Publisher: MIT Press
ISBN: 9780262661928
Category : Business & Economics
Languages : en
Pages : 324

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Book Description
The authors of The Economic Effects of Constitutions use econometric tools to study what they call the "missing link" between constitutional systems and economic policy; the book is an uncompromisingly empirical sequel to their previous theoretical analysis of economic policy. Taking recent theoretical work as a point of departure, they ask which theoretical findings are supported and which are contradicted by the facts. The results are based on comparisons of political institutions across countries or time, in a large sample of contemporary democracies. They find that presidential/parliamentary and majoritarian/proportional dichotomies influence several economic variables: presidential regimes induce smaller public sectors, and proportional elections lead to greater and less targeted government spending and larger budget deficits. Moreover, the details of the electoral system (such as district magnitude and ballot structure) influence corruption and structural policies toward economic growth.Persson and Tabellini's goal is to draw conclusions about the causal effects of constitutions on policy outcomes. But since constitutions are not randomly assigned to countries, how the constitutional system was selected in the first place must be taken into account. This raises challenging methodological problems, which are addressed in the book. The study is therefore important not only in its findings but also in establishing a methodology for empirical analysis in the field of comparative politics.

Constitutional Economics and Public Institutions

Constitutional Economics and Public Institutions PDF Author: Francisco Cabrillo
Publisher: Edward Elgar Publishing
ISBN: 1781003971
Category : Political Science
Languages : en
Pages : 382

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Book Description
This extensive book explores in detail a wide range of topics within the public choice and constitutional political economy tradition, providing a comprehensive overview of current work across the field. The expert contributions are underpinned by the notion of moving economic thinking away from the analysis of the logic of a situation given a set of well-established and well-enforced Ôrules of the gameÕ towards a deeper analysis of the logic behind the selection of the rules of the game themselves. Within this context, the theme of choice between rules (as well as the more conventional analysis within rules) across historical time and place, and in various thought experiments and conceptual situations, is explored in detail. Extensive case studies back theory with empirical evidence, and topics discussed include: the foundations of constitutional economics; constitutional political economy; political competition and voting; public choice and public policy; and extensions to public choice theory. This stimulating book will prove a thought-provoking read for academics and both under- and post-graduate students in the fields of economics (particularly public choice and Austrian economics), public policy and political science.

The Anti-Oligarchy Constitution

The Anti-Oligarchy Constitution PDF Author: Joseph Fishkin
Publisher: Harvard University Press
ISBN: 067498062X
Category : Law
Languages : en
Pages : 641

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Book Description
A bold call to reclaim an American tradition that argues the Constitution imposes a duty on government to fight oligarchy and ensure broadly shared wealth. Oligarchy is a threat to the American republic. When too much economic and political power is concentrated in too few hands, we risk losing the Òrepublican form of governmentÓ the Constitution requires. Today, courts enforce the Constitution as if it has almost nothing to say about this threat. But as Joseph Fishkin and William Forbath show in this revolutionary retelling of constitutional history, a commitment to prevent oligarchy once stood at the center of a robust tradition in American political and constitutional thought. Fishkin and Forbath demonstrate that reformers, legislators, and even judges working in this Òdemocracy of opportunityÓ tradition understood that the Constitution imposes a duty on legislatures to thwart oligarchy and promote a broad distribution of wealth and political power. These ideas led Jacksonians to fight special economic privileges for the few, Populists to try to break up monopoly power, and Progressives to fight for the constitutional right to form a union. During Reconstruction, Radical Republicans argued in this tradition that racial equality required breaking up the oligarchy of slave power and distributing wealth and opportunity to former slaves and their descendants. President Franklin Roosevelt and the New Dealers built their politics around this tradition, winning the fight against the Òeconomic royalistsÓ and Òindustrial despots.Ó But today, as we enter a new Gilded Age, this tradition in progressive American economic and political thought lies dormant. The Anti-Oligarchy Constitution begins the work of recovering it and exploring its profound implications for our deeply unequal society and badly damaged democracy.

Principles of Political Economy

Principles of Political Economy PDF Author: John Stuart Mill
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 600

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Book Description