Constitutional Erosion Caused Capitalist Decay
The World and I, pp. 540-542, 1991
3 Pages Posted: 17 Jan 2010
Date Written: 1991
The author argues that the decay of liberal capitalism is the consequence of social rules that leave unconstrained the unwarranted intrusion of government into our economic affairs and reward leaders who can succeed in this process of power politics.
JEL Classification: B53, P50, D02
Suggested Citation: Suggested Citation