Constitutional Design and Economic Freedom
Abstract: Buchanan and Tullocks original trade-off model of constitutional design is used to analyze how constitutional design affects post-constitutional rent seeking, and, in turn, how the anticipation of post-constitution rent seeking should lead to modification of constitutional designspecifically with respect to imposing and maintaining effective super-majority approval rules. The effects of de jure constitution enumerations and the number of de facto veto players in a polity on economic freedom are empirically explored with the result that only a few constitutional characteristics, such as a bicameral legislature, religious freedom and the de facto veto players, seem to matter.
Constitutional LawDemocracyEconomic FreedomEconomic PolicyEconomyInternational Economics and DevelopmentLaw and LibertyPhilosophy and ReligionPublic Choice
Before posting, please read our Comment Policy.