An economic model for constitutional designs: from nation-states to an 'Olympic world system'

Gussen, Benjamen F. (2016) An economic model for constitutional designs: from nation-states to an 'Olympic world system'. In: 2016 Coase-Sandor Summer Institute in Law and Economics: Research Methods in Law and Economics , 10-22 July 2016, Chicago, Illinois.

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Abstract

Heartened by Aaron Director’s formation of a law-and-economics cluster at the University of Chicago, this paper proposes a new cluster that shares a post nation-state, city-centered, vision for constitutional organisation. To this end, the paper introduces an economic model to illustrate the role of polycentricity in the stability and prosperity of polities. The model is inspired by Tinbergen’s gravity model of international trade, and two-dimensional lattice models used in theoretical physics. The model suggests that constitutional constructs weave an evolutionary dialectic between different organisational scales (the local, national, and global). This dialectic continues to wreak havoc at the local scale, and can be interrupted only through explicit constitutional constraints on the size of ‘jurisdictional footprints’. Polycentricity is interpreted in the spirit of (non-contiguous) charter cities, and through the scholarship of Baruch Spinoza’s constitutional orders, as exemplified by the Dutch Republic (1581-1795). This rendition of sovereignty is imperative as much for countries facing the strife of civil war (including Libya, Yemen, Syria, Iraq, and the Ukraine) as it is for maturing economies. In a globalizing world that is more and more imbued with nation-state morbidity, there is a pressing need for a city-centric, ‘Olympic world system’. A Chicago cluster bringing together scholars such as Gerald Frug, Paul Romer, Benjamin Barber, Yishai Blank, and Saskia Sassen, could see this vision come to fruition.


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Item Type: Conference or Workshop Item (Commonwealth Reporting Category E) (Paper)
Refereed: Yes
Item Status: Live Archive
Additional Information: Part of author's Short ADOSP for 2016. Open access publisher.
Faculty / Department / School: Current - Faculty of Business, Education, Law and Arts - School of Law and Justice
Date Deposited: 28 Oct 2016 01:54
Last Modified: 27 Sep 2017 04:03
Uncontrolled Keywords: polycentricity, law-and-economics, subsidiarity, Spinoza, Chicago Law School
Fields of Research : 14 Economics > 1499 Other Economics > 149999 Economics not elsewhere classified
18 Law and Legal Studies > 1899 Other Law and Legal Studies > 189999 Law and Legal Studies not elsewhere classified
Socio-Economic Objective: E Expanding Knowledge > 97 Expanding Knowledge > 970114 Expanding Knowledge in Economics
E Expanding Knowledge > 97 Expanding Knowledge > 970118 Expanding Knowledge in Law and Legal Studies
URI: http://eprints.usq.edu.au/id/eprint/29912

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