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Persson and Tabellini (2003) show that presidential regimes and majoritarian election systems have important effects on fiscal policy, government effectiveness and productivity. Here, their dataset is extended in a number of ways: the number of countries included is increased from 85 to up to...
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. In his conversation with James Buchanan, Hayek remarked that the "delusion" that democratic politics is sufficient to … disenchanted with the economic liberalism of Mill. We link Hayek's criticism of Mill with Buchanan's criticism of Hayek, arguing … Buchanan's unhappiness with Hayek. Buchanan rightly supposed, we show, that Hayek's institutional Darwinism left little room …
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