No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, September 22, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

Constitutional Tradeoffs – Econlib

by TheAdviserMagazine
2 months ago
in Economy
Reading Time: 2 mins read
A A
Constitutional Tradeoffs – Econlib
Share on FacebookShare on TwitterShare on LInkedIn


Co-blogger Pierre Lemieux’s recent post “Can a Constitution Limit the State?” (July 21, 2025) poses an important question, one political theorists have wrestled with for millennia.  In the comments section of that post, I linked to a recent paper in the Journal of Institutional Economics by Jacek Lewkowicz, Jan Falkowski, Zimin Lou, and Olga Marut (henceforth LFLM) that makes the case the wording of a constitution will affect how governments comply with their restrictions (“Watch out for Words: Wording of Constitution and Constitutional Compliance,” Journal of Institutional Economics, 20:e35).  Readability (that is, avoiding highly complex and technical jargon) makes it more obvious whether a government official violates the constitution, which in turn can increase pressure on him from the electorate.  Conversely, if a constitution is highly technical and difficult to read, its enforcement falls to those specially trained in its interpretation, making it harder to enforce. Thus, making the constitution (and subsequently laws) understandable to the vast majority of people has benefits.

But some readers may recall my post from April, “Colloquial Law.”  In that post, I quoted Lon Fuller on the Soviet legal experiment to make laws so easy to understand that every worker could understand them.  In the process, the law lost all consistency and the law’s application by judges became “capricious and less predictable.”  Note that this is the same effect predicted by overly technical constitutions as well.

How to explain this apparent contradiction?  It could be that the relationship between readability and compliance is not monotonic.  The readability of a constitution has marginal benefits, but these marginal benefits are subject to diminishing returns.  At some point, the net benefits go negative.  Indeed, this could also explain the finding in LFLM that the precision of language gives mixed results.

It could also be that other factors swamp readability.  In a large democracy like the US, the ability of any one voter (or, for that matter, any one representative or senator) to punish those who violate the Constitution is quite limited.  Your typical collective action problems come into play.  Smaller democracies may have more luck in enforcement.

There are many interesting ways to answer this question.  I am sure constitutional scholars have already considered them.  Regardless, how effective constitutions are remains an important question.



Source link

Tags: ConstitutionalEconlibTradeoffs
ShareTweetShare
Previous Post

Gold climbs Rs 800 to scale new record of Rs 1,03,420 per 10 gram

Next Post

MNST Earnings: A snapshot of Monster Beverage’s Q2 2025 report

Related Posts

edit post
Will Private Defense Agencies Wage War—or Keep the Peace?

Will Private Defense Agencies Wage War—or Keep the Peace?

by TheAdviserMagazine
September 22, 2025
0

Anarcho-capitalism is a libertarian vision of a stateless society, where security, law and dispute resolution would be provided by private,...

edit post
Mass Protests Against Austerity Measures In France

Mass Protests Against Austerity Measures In France

by TheAdviserMagazine
September 22, 2025
0

Over 100,000 people took to the streets of France to protest government mismanagement. The people are demanding that Prime Minister...

edit post
Evaluating We Have Never Been Woke Part 2: Bootleggers and Baptists

Evaluating We Have Never Been Woke Part 2: Bootleggers and Baptists

by TheAdviserMagazine
September 21, 2025
0

After spending ten posts (beginning here) outlining Musa al-Gharbi’s arguments in his book We Have Never Been Woke, it’s time...

edit post
Links 9/21/2025 | naked capitalism

Links 9/21/2025 | naked capitalism

by TheAdviserMagazine
September 21, 2025
0

A new element in #gymnastics is named after its performer, 18-year-old #Armenia|n gymnast Hamlet Manukyan. The element is named “Manukyan”....

edit post
The Sunday Morning Movie Presents: The Shooting (1966) Run Time 1H 21M

The Sunday Morning Movie Presents: The Shooting (1966) Run Time 1H 21M

by TheAdviserMagazine
September 21, 2025
0

Greetings gentle readers and welcome to another installment of the Sunday Morning Movie. Today it’s the bleak and cold-hearted Western...

edit post
A Walk Across Alaska’s Arctic Sea Ice Brings to Life the Losses That Appear in Climate Data

A Walk Across Alaska’s Arctic Sea Ice Brings to Life the Losses That Appear in Climate Data

by TheAdviserMagazine
September 21, 2025
0

By Alexandra Jahn, Associate Professor of Atmospheric, Oceanic and Arctic Sciences at the University of Colorado Boulder. Originally published at...

Next Post
edit post
MNST Earnings: A snapshot of Monster Beverage’s Q2 2025 report

MNST Earnings: A snapshot of Monster Beverage’s Q2 2025 report

edit post
US Economic Outlook H2 2025: Steady Growth, Growing Caution

US Economic Outlook H2 2025: Steady Growth, Growing Caution

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a  cheesesteak every 58 seconds

Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a $12 cheesesteak every 58 seconds

August 30, 2025
edit post
Tariff war clouds global growth as US faces legal and economic crossroads

Tariff war clouds global growth as US faces legal and economic crossroads

0
edit post
Zero to 50 Units in 4 Years (Financial Independence Cheat Code)

Zero to 50 Units in 4 Years (Financial Independence Cheat Code)

0
edit post
Why cognitive empathy is the secret weapon that sharpens leadership decisions

Why cognitive empathy is the secret weapon that sharpens leadership decisions

0
edit post
Nesher mayor threatens legal action over Nvidia land deal

Nesher mayor threatens legal action over Nvidia land deal

0
edit post
Pattern Group is preparing to go public. Here’s what you need to know

Pattern Group is preparing to go public. Here’s what you need to know

0
edit post
Will Private Defense Agencies Wage War—or Keep the Peace?

Will Private Defense Agencies Wage War—or Keep the Peace?

0
edit post
Why cognitive empathy is the secret weapon that sharpens leadership decisions

Why cognitive empathy is the secret weapon that sharpens leadership decisions

September 22, 2025
edit post
Will Private Defense Agencies Wage War—or Keep the Peace?

Will Private Defense Agencies Wage War—or Keep the Peace?

September 22, 2025
edit post
Zero to 50 Units in 4 Years (Financial Independence Cheat Code)

Zero to 50 Units in 4 Years (Financial Independence Cheat Code)

September 22, 2025
edit post
Metaplanet Becomes Top 5 Bitcoin Treasury with 3M Buy

Metaplanet Becomes Top 5 Bitcoin Treasury with $633M Buy

September 22, 2025
edit post
Why Stablecoins Have a Huge Opportunity to Attract Millions of Users

Why Stablecoins Have a Huge Opportunity to Attract Millions of Users

September 22, 2025
edit post
Tariff war clouds global growth as US faces legal and economic crossroads

Tariff war clouds global growth as US faces legal and economic crossroads

September 22, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Why cognitive empathy is the secret weapon that sharpens leadership decisions
  • Will Private Defense Agencies Wage War—or Keep the Peace?
  • Zero to 50 Units in 4 Years (Financial Independence Cheat Code)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.