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A distribution of income between rulers and subjects can be derived as an equilibrium of violence, rather than from considerations of marginal products of owned factors of production. Society is organized in ranks, and the occupants of each rank are provided with incomes just sufficient that...
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John Rawls has made two large claims for “the two principles of justice”: that they are what everyman would choose behind the veil of ignorance as the foundation for laws and institutions, and that they are the rock bottom requirement for the stability of political liberalism. I argue here...
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Written over a span of 30 years, the essays in these volumes make significant contributions to the study of national accounting, demand theory, capital theory, public finance, the Canadian constitution, the subsidization of investment, equity and predatory behaviour.
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A dynastic cycle is a periodic alternation of society between despotism and anarchy. In a society of farmers, rulers, and bandits, population growth simultaneously impoverishes farmers and reduces the ruler's surplus per head. Society evolves into a despotic stationary state or into a dynastic...
Persistent link: https://www.econbiz.de/10005241109
Among the many interpretations of real national income are (1) the return to national wealth and (2) the Hamiltonian of an appropriately-chosen dynamic model of the economy. These interpretations are sometiems alleged to be equivalent and to constitute the self-evidently ideal definition to...
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Recognition of conflicts of interest between French Canadians in Quebec and English Canadians in the rest of Canada is a necessary first step in the evaluation of proposals from Quebec for the refrom of the Canadian constitution, as well as for the design of institutions for an entirely...
Persistent link: https://www.econbiz.de/10005209142