Contents:
Part I: democracy, the market, and the law Democratic stability as a self-enforcing equilibrium - Barry R. Weingast Democracy, competition, and the principle of isonomia: as economic analysis of the political exchange as an incomplete contract - Michele Grillo Constitutional democracy: an interpretation - Dennis C. Mueller Necessary and sufficient conditions for a viable democracy - Peter Bernholz Part II: democracy and aconomic growth Government spending and economic growth under democracy and dictatorship - Jose Antonio Cheibub and Adam Przeworski Rent seeking and redistribution under democracy versus dictatorship - Ronald Wintrobe Democratic governments, economics growth, and income distribution - Pierre Salmon Part III: democratic deficiencies and possible improvements Democracy and the public machinery: the case of the headless leviathan - Gianluigi Galeotti Democracy and empowerment - Albert Breton and Margot Breton Political participation, voting, and economic policy: three problems of modern democracies - Luigi Compiglio Part IV: democratic expectations Components of the democratic ideal - Ian Shapiro Democracy on the margin - Russel Hardin
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