i've told listeners before that my understandig of purse was channelldthrough by philosophy. It professor dick smith, who i adore as a faculty,. And he was a pragmatist, and he was interested in purse ament and um smith. As far as i understand it, through smith argued that you think you're using reason, but you really aren't. The heart has its reasons that reason does not know. For that reason, rules are often better than discretion.
More than we need rules, argues Michael Munger, we need rules about the rules. So does the United States need a new Constitution? Listen as the Duke University economist and political scientist talks to host Russ Roberts about public choice, consenting to coercion, and whether constitutions matter.