Political bargaining among political elites often creates tensions that cause informal decision-making norms to break away from their original constitutional moorings. Government fiscal crises are an illuminating example of this dysfunctional dynamic.
Other Independent Review articles by Alexander William Salter | ||
Spring 2018 | The Political Economy of Public Debt | |
Winter 2017 | Some Political Economy of Monetary Rules | |
Winter 2016 | Asteroid Mining 101 | |
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