Prudence and Constitutional Rights
Edward F. McClennen
American Journal of Economics and Sociology, 2004, vol. 63, issue 1, 213-256
Abstract:
ABSTRACT. In The Calculus of Consent, Buchanan and Tullock argue for institutional safeguards to ensure maximal benefit for all members of a community against the potential tyranny of the majority. I extend this idea by introducing prudential concerns and argue that they ought to be factored into the decision making that constructs such safeguards. Specifically, I see the safeguarding of prudential concerns for all members of society as a matter that should be secured from the random fate of the political process by constitutional provisions.
Date: 2004
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https://doi.org/10.1111/j.1536-7150.2004.00284.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ajecsc:v:63:y:2004:i:1:p:213-256
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