The rise of independent institutions, particularly central banks, and the increasing significance of the interplay between monetary, fiscal, and financial policies demand a critical reassessment of modern macroeconomic constitutions and their institutional architectures.The paper's core focus...

Is "rule of law" anything more than a fictional allusion? After all, "law" is an abstract noun, and abstract nouns can't rule. Only people can rule. Rule of law is a fiction, one that has been around since ancient times. Whether, or under what circumstances, rule of law might be an ideal type...