The Political Economy of Democratic Institutions

Majority rules are generally unstable and not binding for future voters, and so are insufficient for the required security of a market economy. In this challenging book, Peter Moser argues that stability can be achieved by democratic political institutions limiting the influence of majorities.

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Authors:	Moser, Peter
Institutions:	Edward Elgar
Subject:	Economics and Finance \| Politics and Public Policy

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Extent:	application/pdf
Series:	Books.
Type of publication:	Book / Working Paper
Classification:	H0 - Public Economics. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011254044