Where would you expect Federalism to occur? In other words, where would expect a government to devolve authority to a lower government. Importantly, this is different from freedom vs authoritariani…| Economist Writing Every Day
One of my favorite economic journal articles is by Barry Weingast and has the short title “Market Preserving Federalism” (MPF). In this paper, Weingast lays out the conditions necessary for two ten…| Economist Writing Every Day