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|
|[View All (6)]|