This article explores the very thought of Principles of European Contract Law as an autonomous lex mercatoria and at the same time an attempt is made to explore Principles of European Contract Law as universal lex mercatoria. In the process of exploring the both possibilities the author looks...

In this paper we examine how individuals should be treated with respect to taxes, subsidies and agenda setting in constitutions in order to obtain efficient allocations of public goods and to limit tax distortions. We show that if public goods are socially desirable, the simple majority rule as...