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One of the biggest problems with modern democracy is that most of the public is usually ignorant about politics and government. Many people understand that their votes are unlikely to change the outcome of an election and don't see the point in learning much about politics. This creates a nation...
Persistent link: https://www.econbiz.de/10012850464
Democracy and ballot box voting have often been held up as central elements of the American political tradition. Less emphasis has been placed on the centrality of “voting with your feet.” Yet in many ways, it is an even more fundamental and distinctive feature of American politics than...
Persistent link: https://www.econbiz.de/10012871467
Fiscal decentralization and intergovernmental fiscal relations reform have become nearly ubiquitous in developing countries. Performance, however, has often been disappointing in terms of both policy formulation and outcomes. The dynamics underlying these results have been poorly researched....
Persistent link: https://www.econbiz.de/10012966490
The fields of regulatory federalism and fiscal federalism have developed largely in isolation from each other. Building on the new scholarship of federalism in the legal academy, this Article seeks to integrate the insights of the two areas. The financial dimension offers a crucial perspective...
Persistent link: https://www.econbiz.de/10014107630
The Catawba Digital Economic Zone (“CDEZ”) achieved a number of firsts when it launched in late 2022: the world’s first entirely virtual special jurisdiction devoted to financial services using technologies like blockchains, cryptocurrencies, digital assets, and artificial intelligence...
Persistent link: https://www.econbiz.de/10014349518
During the past few years arbitration has been under attack. Recent judicial decisions, newly enacted and proposed legislation, and populist sentiments are important and obviously can result in significant changes. But many of the criticisms leveled at arbitration can be addressed and, most...
Persistent link: https://www.econbiz.de/10014177067
The Internet globalizes the world. National regulatory autonomy shrinks. Transferring data from one country to another is almost costless. Foreign content is just a click away. Why is it that states have been able to re-install co-existence in some policy areas, and not in others? In data...
Persistent link: https://www.econbiz.de/10011582891
In his important new book, The Crisis of the Middle-Class Constitution, Ganesh Sitaraman argues that growing economic inequality over the last several decades and the resulting decline of the middle class is “the number one threat to American constitutional government.” He also contends that...
Persistent link: https://www.econbiz.de/10012919811
We study the effect of political polarization on public spending using the dispersion of self-reported political preferences as our measure of polarization. Political polarization is strongly associated with smaller government in democratic countries, but there is no relationship between...
Persistent link: https://www.econbiz.de/10010281329
We study the effect of political polarization on public spending using the dispersion of self-reported political preferences as our measure of polarization. Political polarization is strongly associated with smaller government in democratic countries, but there is no relationship between...
Persistent link: https://www.econbiz.de/10003322765