No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, February 5, 2026
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
6 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
Private Payrolls Miss Expectations | Armstrong Economics

Private Payrolls Miss Expectations | Armstrong Economics

by TheAdviserMagazine
February 5, 2026
0

Private payroll processor ADP reported that U.S. private employers added just 22,000 jobs in January, far below the consensus expectation...

edit post
China’s Xi reasserts Taiwan stance in call with Trump, while U.S. president pushes trade

China’s Xi reasserts Taiwan stance in call with Trump, while U.S. president pushes trade

by TheAdviserMagazine
February 4, 2026
0

TOPSHOT - US President Donald Trump (L) and China's President Xi Jinping arrive for talks at the Gimhae Air Base,...

edit post
Market Talk – February 4, 2026

Market Talk – February 4, 2026

by TheAdviserMagazine
February 4, 2026
0

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 427.30 points or -0.78% to...

edit post
Elon Musk Goes Supernova with OpenAI Suit, SpaceX-xAI Merger?

Elon Musk Goes Supernova with OpenAI Suit, SpaceX-xAI Merger?

by TheAdviserMagazine
February 4, 2026
0

Elon Musk, on paper the world’s wealthiest human, threatens to go supernova under the pressure of his appearances in the...

edit post
A Positive View of Sectional History

A Positive View of Sectional History

by TheAdviserMagazine
February 4, 2026
0

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in...

edit post
January jobs report will be released on Feb. 11 after shutdown delay

January jobs report will be released on Feb. 11 after shutdown delay

by TheAdviserMagazine
February 4, 2026
0

A 'help wanted' advertisement is displayed in Manhattan on Jan. 9, 2026, in New York City.Spencer Platt | Getty ImagesThe...

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
Most People Buy Mansions But This Virginia Lottery Winner Took the Lump Sum From a 8 Million Jackpot and Bought a Zero-Turn Lawn Mower Instead

Most People Buy Mansions But This Virginia Lottery Winner Took the Lump Sum From a $348 Million Jackpot and Bought a Zero-Turn Lawn Mower Instead

January 10, 2026
edit post
Utility Shutoff Policies Are Changing in Several Midwestern States

Utility Shutoff Policies Are Changing in Several Midwestern States

January 9, 2026
edit post
Medicare Fraud In California – 2.5% Of The Population Accounts For 18% Of NATIONWIDE Healthcare Spending

Medicare Fraud In California – 2.5% Of The Population Accounts For 18% Of NATIONWIDE Healthcare Spending

February 3, 2026
edit post
Tennessee theater professor reinstated, with 0,000 settlement, after losing his job over a Charlie Kirk-related social media post

Tennessee theater professor reinstated, with $500,000 settlement, after losing his job over a Charlie Kirk-related social media post

January 8, 2026
edit post
Where Is My South Carolina Tax Refund

Where Is My South Carolina Tax Refund

January 30, 2026
edit post
Washington Launches B Rare Earth Minerals Reserve

Washington Launches $12B Rare Earth Minerals Reserve

February 4, 2026
edit post
10 Dividend Stocks That Sell Things You Have In Your Home

10 Dividend Stocks That Sell Things You Have In Your Home

0
edit post
UnitedHealth, CVS, Humana Face Double Trouble As Trump’s Medicare Cuts Are Just The Start—PBM ‘Spread Pricing’ Comes Under Fire

UnitedHealth, CVS, Humana Face Double Trouble As Trump’s Medicare Cuts Are Just The Start—PBM ‘Spread Pricing’ Comes Under Fire

0
edit post
How to Watch NHL and Olympic Hockey on TV and Streaming

How to Watch NHL and Olympic Hockey on TV and Streaming

0
edit post
If a man prioritizes these 7 areas over status symbols, he’s more successful than his appearance suggests

If a man prioritizes these 7 areas over status symbols, he’s more successful than his appearance suggests

0
edit post
Silver: Short-Term Bias Remains Bearish After Failed Rebound

Silver: Short-Term Bias Remains Bearish After Failed Rebound

0
edit post
CWDR Full Form – Meaning, Examples, Features, Functions

CWDR Full Form – Meaning, Examples, Features, Functions

0
edit post
UnitedHealth, CVS, Humana Face Double Trouble As Trump’s Medicare Cuts Are Just The Start—PBM ‘Spread Pricing’ Comes Under Fire

UnitedHealth, CVS, Humana Face Double Trouble As Trump’s Medicare Cuts Are Just The Start—PBM ‘Spread Pricing’ Comes Under Fire

February 5, 2026
edit post
If a man prioritizes these 7 areas over status symbols, he’s more successful than his appearance suggests

If a man prioritizes these 7 areas over status symbols, he’s more successful than his appearance suggests

February 5, 2026
edit post
CWDR Full Form – Meaning, Examples, Features, Functions

CWDR Full Form – Meaning, Examples, Features, Functions

February 5, 2026
edit post
Solana Eyes Deeper Correction As Bearish Pattern Targets

Solana Eyes Deeper Correction As Bearish Pattern Targets $40

February 5, 2026
edit post
Silver: Short-Term Bias Remains Bearish After Failed Rebound

Silver: Short-Term Bias Remains Bearish After Failed Rebound

February 5, 2026
edit post
10 Household Items Selling for Surprisingly High Prices Right Now

10 Household Items Selling for Surprisingly High Prices Right Now

February 5, 2026
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

  • UnitedHealth, CVS, Humana Face Double Trouble As Trump’s Medicare Cuts Are Just The Start—PBM ‘Spread Pricing’ Comes Under Fire
  • If a man prioritizes these 7 areas over status symbols, he’s more successful than his appearance suggests
  • CWDR Full Form – Meaning, Examples, Features, Functions
  • 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.