The Constitutional Economics of a Natural Rights Republic
17 Pages Posted: 10 Feb 2018
Date Written: February 5, 2018
Different institutional arrangements in the apparatus of government, and different configurations of constitutional rights, produce different rates of knowledge creation and knowledge diffusion. There is only one constitutional configuration that produces maximum economic growth, based upon maximum rates of knowledge creation and diffusion.
Keywords: james Buchanan, natural rights republic, maximum economic growth, trust
JEL Classification: O31, O33
Suggested Citation: Suggested Citation