The Political Economy of Democratic Institutions (The Locke Institute series) - Image 1

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Edward Elgar Publishing The Political Economy of Democratic Institutions (The Locke Institute series)

Name: The Political Economy of Democratic Institutions (The Locke Institute series)
Brand: Edward Elgar Publishing
Price: 114.0 GBP
Availability: InStock

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Description

Majority rules are generally unstable and not binding for future voters, and so are insufficient for the required security of a market economy. In this challenging book, Peter Moser argues that stability can be achieved by democratic political institutions limiting the influence of majorities. Peter Moser examines the contribution to stable policy choices of a wide range of political institutions including constitutional rules, the organizational structure of legislatures and administrative and judicial procedures. He contributes new insights about the importance of decision rules in democracies by combining theory with empirical studies. He analyses legislative procedures in the US, the European Union and Switzerland, tests a novel explanation for central bank independence, discusses the implications of political decision rules for regulatory behavior, and provides a concise survey of recent critical research on democratic institutions. This book will be particularly welcomed by public choice scholars as well as other economists and political scientists interested in the role of democratic institutions.

Product Specifications

Brand: Edward Elgar Publishing
Format: hardcover
ASIN: 1858989663
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Conditions
Domain: Amazon UK
Release Date: 25 May 2000
Listed Since: 15 December 2006

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Edward Elgar Publishing The Political Economy of Democratic Institutions (The Locke Institute series)

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