Capello: A neighborhood is constituted to make decisions that are binding on 100 % of the people. Capello: We put that down on a piep of piece of paperfor which we call the istituation. And even if the neighborhood grows to a thousand, 60 % is still going to be the rule that we use," he says.
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.