Corporation as common constitution -- The political economy of Sir Thomas Smith -- Richard Hooker's corporate Christians -- The principal navigations, voyages, traffiques, and discoveries of the English corporation -- Dekker and Company -- Shakespeare's thing of nothing -- Francis Bacon's...

It is argued that government credibility is an important resource and that it can be improved by delegating decision-making competence beyond the nation-state. It is hypothesized that such delegation should result in higher income and growth. Some former British colonies retained the Judicial...