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Madison's constitutional political economy: Principles for a liberal order

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Madison's constitutional political economy: Principles for a liberal order

Auteurs : RBID : ISTEX:2CF72D40A6373D4E8906BD20C89F99E8DE3D5DE7

Abstract

Abstract: When persons are modelled as self-interested in politics ... the constitutional challenge becomes one of constructing and designing framework institutions or rules that will, to the maximum extent possible, limit the exercise of such interest in exploitative ways and direct such interest to furtherance of the general interest. It is not surprising, therefore, to discover the roots of a public choice perspective ... in the writings of the American Founders, and most notably in James Madison's contributions to The Federalist Papers .

Url:
DOI: 10.1007/BF02404426

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<div type="abstract" xml:lang="eng">Abstract: When persons are modelled as self-interested in politics ... the constitutional challenge becomes one of constructing and designing framework institutions or rules that will, to the maximum extent possible, limit the exercise of such interest in exploitative ways and direct such interest to furtherance of the general interest. It is not surprising, therefore, to discover the roots of a public choice perspective ... in the writings of the American Founders, and most notably in James Madison's contributions to The Federalist Papers .</div>
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