6min chapter

The Answer Is Transaction Costs cover image

Prison Gangs and Governance: David Skarbek

The Answer Is Transaction Costs

CHAPTER

Exploring Governance, Rights, and Political Mistakes

This chapter starts with a lighthearted prison joke and moves into a serious discussion about the differences between common law and legislation. It explores the importance of the Bill of Rights, evolving interpretations of free speech, and examines the mistakes of political campaigns in both past and present contexts.

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