A Theory of the State
(Part of the Political Economy of Institutions and Decisions Series)
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Book Overview
This book models the emergence and evolution of the rule-of-law state. The protector or ruler is assumed to be self-seeking. Individuals will install a protector only after they create institutions to control him. Organized protection engenders legal institutions that enforce rights. A state of nature then gradually turns into a rule-of-law state. Individuals employ both the state and other third parties for enforcement. The fraction of agreements that the state enforces determines its scope. Rule-of-law states encourage market transactions and standards that facilitate trade. The larger the domain of the state's ultimate enforcer, the greater the advantage of scale economies to contracting. This force may explain the creation of rule-of-law empires.
Format:Paperback
Language:English
ISBN:0521000645
ISBN13:9780521000642
Release Date:December 2001
Publisher:Cambridge University Press
Length:306 Pages
Weight:0.95 lbs.
Dimensions:0.8" x 6.1" x 9.0"
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