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Cover The Political Economy of Non-Territorial Exit
The Political Economy of Non-Territorial Exit
Cryptosecession
Trent J. MacDonald
Territorial political organisation forms the backbone of western liberal democracies. However, political economists are increasingly aware of how this form of government neglects the preferences of citizens, resulting in dramatic conflicts. The Political Economy of Non-Territorial Exit explores the theoretical possibility of ‘unbundling’ government functions and decentralising territorial governance.
Restricted access
Monograph Book
Publication Date:
28 Jun 2019
DOI:
https://doi.org/10.4337/9781788979382
Collections:
Economics 2019
Cover Law, Informal Rules and Economic Performance
Law, Informal Rules and Economic Performance
The Case for Common Law
Svetozar Pejovich and Enrico Colombatto
Capitalism has outperformed all other systems and maintained a positive growth rate since it began. Svetozar Pejovich makes the case within this book that a major reason for the success of capitalism lies in the efficiency-friendly incentives of its basic institutions, which continuously adjust the rules of the game to the requirements of economic progress. The analysis throughout is consistent and is supported by evidence. Key components of the proposed theory are the rule of law, the market for institutions, the interaction thesis, the carriers of change, and the process of changing formal and informal institutions.
Restricted access
Monograph Book
Publication Date:
30 Jun 2008
DOI:
https://doi.org/10.4337/9781848442900
Collections:
Economics 2010 and before