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Constitution for a Future Country - M. Bailey

Constitution for a Future Country

By: M. Bailey

eText | 10 April 2001

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This book offers ways to overcome problems that arise because voters, politicians and bureaucrats pursue selfish interests rather than the general interest in their political behaviour. It combines previously published ideas about charging people the costs of their political actions and selling insurance against unfavourable political outcomes, with new ideas about competing legislatures and incentives for generating efficient political outcomes. The book includes new theorems about the mechanisms that are discussed, as well as a proposed constitution and its rationale.
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