[eng] Value and contracts in light of turgot [1769]. . From a reexamination of « Valeurs et monnaies », this paper evolves two the­sis. The first upholds that the natural contract theory, displayed in the beginning of « Valeurs et monnaies » by Turgot, contains the canonical model of value...

Federalism is first posed as one among many conceivable forms of organization of a State. Economic benefits and costs are considered next and discussed. Finally, the federal institution is taken up from the point of view of the decision processes that operate within it. A basic distinction is...