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The paper analyzes European integration from a constitutional economics perspective. It is argued that the use of the Prisoners' Dilemma as a description of the advantages of European integration is fallacious. If the situation is a PD, the solution is impossible; if it is not, it is unnecessary
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The purpose of a constitution should be to restrain governments. The proposed EU constitution does not do that - it provides agendas for government action. There is also no mechanism to facilitate jurisdictional competition. As such, if adopted, it will lead to further centralisation and abuse...
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