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We formulate a model to explain why the lack of political competition may stifle economic performance and use the … political competition have quantitatively important effects on state income growth, state policies, and quality of Governors. By … our bottom-line estimate, the increase in political competition triggered by the Voting Rights Act raised long-run per …
Persistent link: https://www.econbiz.de/10010439365
theory that the 1866 Post Roads Act contributed to increasing contestability and consumer welfare …
Persistent link: https://www.econbiz.de/10012937765
Some scholars have argued that the Framers of the U.S. Constitution did not have a common set of views on economics, or that the Constitution, except perhaps in isolated clauses, does not reflect any specific economic views. The principal Framers did, in fact, share a basic set of economic...
Persistent link: https://www.econbiz.de/10014160829
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The idea of proportional representation has been circulating for over two hundred years and is widely practiced, among other, in post-war Europe. The primary focus is to allow smaller parties, minorities and other disenfranchised groups in society systematic representation in the national...
Persistent link: https://www.econbiz.de/10012310545
The idea of proportional representation has been circulating for over two hundred years and is widely practiced, among other, in post-war Europe. The primary focus is to allow smaller parties, minorities and other disenfranchised groups in society systematic representation in the national...
Persistent link: https://www.econbiz.de/10013315004
appear consistent with the regulatory capture theory …
Persistent link: https://www.econbiz.de/10013406458
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