Concept information
Preferred term
economics of constitutional law
Definition
- The economic analysis of constitutions is a recent phenomenon also called “constitutional economics” or “constitutional political economy.” It has broadened the standard research program of economics, which is interested in the analysis of choices within rules, thus assuming that rules are exogenously given and fixed. Constitutional economics broadens this research program by analyzing the choice of rules using the standard method of economics, that is, rational choice.ConstitutionalismScholars have defined constitutionalism as limited government. [Source: Encyclopedia of Law & Society: American and Global Perspectives; Constitutional Law, Economics Of]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/economics_of_constitutional_law
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