The Political Economy of Democratic Institutions

ISBN-13: 9781858989662 / Angielski / Twarda / 2000 / 208 str.

Peter Moser

Opis

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 book, Peter Moser argues that stability can be achieved by democratic political institutions limiting the influence of majorities.