Monger: The question about deciding constitution is difficult, because then you're arguing about rules. He says the idea that there is a rule of law and these will be applied regardless of the privileged position of the person in the society are key to england's small sea constitution. Monger: Even the losers accept it as being legitimate. I can prove it, because they have politics. My guess to day has been, michael monger, thanks for being part of econ talk.
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.