the economic role of political institutions

the economic role of political institutions

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时间:2018-02-10

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1、TheEconomicRoleofPoliticalInstitutions:Market-PreservingFederalismandEconomicDevelopmentAuthor(s):BarryR.WeingastSource:JournalofLaw,Economics,&Organization,Vol.11,No.1(Apr.,1995),pp.1-31Publishedby:OxfordUniversityPressStableURL:http://www.jstor.org/stable/765068Accessed:13/12/200

2、920:55YouruseoftheJSTORarchiveindicatesyouracceptanceofJSTOR'sTermsandConditionsofUse,availableathttp://www.jstor.org/page/info/about/policies/terms.jsp.JSTOR'sTermsandConditionsofUseprovides,inpart,thatunlessyouhaveobtainedpriorpermission,youmaynotdownloadanentireissueofajournalor

3、multiplecopiesofarticles,andyoumayusecontentintheJSTORarchiveonlyforyourpersonal,non-commercialuse.Pleasecontactthepublisherregardinganyfurtheruseofthiswork.Publishercontactinformationmaybeobtainedathttp://www.jstor.org/action/showPublisher?publisherCode=oup.EachcopyofanypartofaJST

4、ORtransmissionmustcontainthesamecopyrightnoticethatappearsonthescreenorprintedpageofsuchtransmission.JSTORisanot-for-profitservicethathelpsscholars,researchers,andstudentsdiscover,use,andbuilduponawiderangeofcontentinatrusteddigitalarchive.Weuseinformationtechnologyandtoolstoincrea

5、seproductivityandfacilitatenewformsofscholarship.FormoreinformationaboutJSTOR,pleasecontactsupport@jstor.org.OxfordUniversityPressiscollaboratingwithJSTORtodigitize,preserveandextendaccesstoJournalofLaw,Economics,&Organization.http://www.jstor.orgJLEO.VtlNi1TheEconomicRoleofPolitic

6、alInstitutions:Market-PreservingFederalismandEconomicDevelopmentBarryR.WeingastStanfordUniversityThrvingmarketsrequirenotonlyanappropriatelydesignedeconomicsystem,butasecurepoliticalfoundationthatlimitstheabilityofthestatetoconfiscatewealth.Thisrequiresaformoflimitedgovernment,that

7、is,politicalinstitutionsthatcrediblycommitthestatetohonoreconomicandpoliticalrights.ThisarticlestudieshowlimitedgovemmentaroseinthedevelopedWest,focusingonthecriticalroleoffederalismforprotectingmarketsinbothEnglandandtheUnitedStates.Feder-alismprovedfundamentaltotheimpressiveecono

8、micriseofEnglandinthe18thc

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