The minimal politics of market order

Article Abstract:

A political-bureacratic agency must take over the distribution of goods and services in the absence of a free market system. A market economy produces more value in terms of goods and services than an economy based on nonmarket principles. Political pricing, on the other hand, makes available goods and services at prices dictated by political judgment rather than the law of supply and demand. Moreover, the production of goods and services sold by political pricing must depend on value transfers from user to nonuser.

Economic policy, Price fixing, Soviet Union, Supply and demand, Free enterprise

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Federalism and individual sovereignty

Article Abstract:

The theory of competitive federalism was summarized and the relationship of an individual's engagement and participation in politics with the political unit's size was analyzed. The competitive federalism theory presents the internal and external possibilities for exit as constraints on political control over people. On the other hand, the 'partitioned sovereignty federalism' stresses the possibilities of using voice in reducing excesses in politics.

Analysis, Federalism, Sovereignty

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Notes on the liberal constitution

Article Abstract:

Constitutionality is said to provide the ideal environment for economic prosperity and progress. A government's activities should be constitutionally constrained for a country to achieve favorable economic results. A socialism-influenced parliamentary majority elected via the democratic process could be detrimental to a market economy's potential value. The effects may approximate or even surpass that of an authoritarian rule.

Political aspects, Economic development, Constitutions, Political science, Public policy (Law)

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