Narrow search
Showing 1 - 10 of 165
Cover Image
Trade Implies Law : The Power of the Weak
Anderson, James E. - 2000
establish plausible necessary and sufficient conditions for a move from anarchy toward the rule of law to benefit all traders …
Persistent link: https://www.econbiz.de/10012471059
Cover Image
"Make Us a King" : Anarchy, Predation, and the State
Grossman, Herschel I. - 1997
In order to enforce a collective choice to allocate resource to guarding against predators producers must subject themselves to the state's sovereign power to tax and to spend. But these sovereign powers in hand the state can exploit the producers by taxing and spending for its" own purposes....
Persistent link: https://www.econbiz.de/10012472524
Cover Image
Trade and Security,I : Anarchy
Anderson, James E. - 1997
Market exchange is subject to an endogenously determined level of predation which impedes specialization and gains from trade. We construct a model in which utility-maximizing agents opt between careers in production and careers in predation. Three types of equilibria may emerge: autarky (with...
Persistent link: https://www.econbiz.de/10012472588
Cover Image
Fiscal Anarchy in the U.K : Modelling Poll Tax Noncompliance
Besley, Timothy - 1993
The U.K.'s experience with the poll tax reminds us that even in an economy with a relatively well developed detection and legal system, one cannot take tax compliance for granted. The experience of the poll tax provides a unique opportunity to study many dimensions of tax compliance. We model...
Persistent link: https://www.econbiz.de/10012474447
Cover Image
The U.S. Constitution and Monetary Powers : An Analysis of the 1787 Constitutional Convention and Constitutional Transformation of the Nation's Monetary System Emerged
Grubb, Farley - 2005
The monetary powers embedded in the U.S. Constitution were revolutionary and led to a watershed transformation in the …
Persistent link: https://www.econbiz.de/10012466888
Cover Image
Constitutions, Politics and Economics : A Review Essay on Persson and Tabellini's "The Economic Effect of Constitutions"
Acemoglu, Daron - 2005
In this essay I review the new book by Torsten Persson and Guido Tabellini, The Economic Effects of Constitutions, which investigates the policy and economic consequences of different forms of government and electoral rules. I also take advantage of this opportunity to discuss the advantages and...
Persistent link: https://www.econbiz.de/10012467450
Cover Image
Constitutions, Corporations, and Corruption : American States and Constitutional Change
Wallis, John Joseph - 2004
During the 1840s, twelve American states adopted new constitutions. Eleven of the twelve states adopted new procedures for issuing government debt and for chartering corporations through general incorporation acts. These institutional innovations were American inventions, and today hard budget...
Persistent link: https://www.econbiz.de/10012468242
Cover Image
Consequences of Constitutions
Persson, Torsten - 2003
electoral rules and forms of government for fiscal policy and rent extraction, even when non-random constitution selection is …
Persistent link: https://www.econbiz.de/10012468524
Cover Image
The Guarantees of Freedom
Porta, Rafael La - 2002
Hayek (1960) distinguishes the institutions of English freedom, which guarantee the independence of judges from political interference in the administration of justice, from those of American freedom, which allow judges to restrain law-making powers of the sovereign through constitutional...
Persistent link: https://www.econbiz.de/10012469956
Cover Image
Constitution or Conflict?
Grossman, Herschel I. - 2002
A self-enforcing constitution creates a political process that provides an alternative to civil conflict for resolving … possible to design such a self-enforcing constitution. The paper is also concerned with discovering generic features of a self …-enforcing constitution. The analysis yields the following theoretical propositions: If and only if (1) none of the parties to a dispute …
Persistent link: https://www.econbiz.de/10012469982