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In order to enforce a collective choice to allocate resource to guarding against predators producers must subject themselves to the state's sovereign power to tax and to spend. But these sovereign powers in hand the state can exploit the producers by taxing and spending for its" own purposes....
Persistent link: https://www.econbiz.de/10013242903
literature on anarchy and radical self-governance treats Buchanan's position, and social contract theory more generally, as a … conclusion, yields conclusions commensurate with anarchy. Buchanan's theory of individual sovereignty suggests that political … contract. These beliefs form the foundation of a social contract theory deserving the label "anarchic." …
Persistent link: https://www.econbiz.de/10013062963
In order to enforce a collective choice to allocate resource to guarding against predators producers must subject themselves to the state's sovereign power to tax and to spend. But these sovereign powers in hand the state can exploit the producers by taxing and spending for its" own purposes....
Persistent link: https://www.econbiz.de/10012472524
in lower levels of both output and popular welfare than either organized banditry or anarchy. The predatory state may …
Persistent link: https://www.econbiz.de/10014141108
in lower levels of both output and popular welfare than either organized banditry or anarchy. The predatory state may …
Persistent link: https://www.econbiz.de/10014061660
We consider the relative robustness of libertarian anarchy and liberal democracy to meddlesome preferences … illiberal law in anarchy while weak, dispersed meddlesome preferences are more likely to do so in democracy. Using insights from … the economics of religion, we argue that anarchy is more likely than democracy to produce small groups with intense …
Persistent link: https://www.econbiz.de/10014210553
Due to incomplete contracts, efficiency of an organization depends on willingness of individuals to take non-selfish actions, such as cooperating when there is no incentive to do so or punishing inefficient actions by others. Organizations also constitute a social boundary, or group. We...
Persistent link: https://www.econbiz.de/10003347252
theory predicts. Empirical evidencesuggests that social and political instability is a major reason for thedivergence between …
Persistent link: https://www.econbiz.de/10011302623
Persistent link: https://www.econbiz.de/10009720715