Prudence and Constitutional Rights

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...

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Veröffentlicht in:The American journal of economics and sociology 2004-01, Vol.63 (1), p.213-256
1. Verfasser: McClennen, Edward F.
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description 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.
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source Jstor Complete Legacy; Wiley Online Library Journals Frontfile Complete; Worldwide Political Science Abstracts; Business Source Complete; Sociological Abstracts
subjects Center for the Study of Public Choice
Constitutional rights
Constitutionalism
Constitutions
Cost control
Decision making
Decision theory
Desire
Economic theory
Economics
Financial risk
Government programs
Human rights
Political behaviour
Political Philosophy
Political processes
Political science
Property rights
Public assistance programs
Public choice
Rational Choice
Rationality
Respect
Risk aversion
Risk management
Studies
Success
U.S.A
Virginia
title Prudence and Constitutional Rights
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