Book contents
- Frontmatter
- Contents
- List of figures
- Preface and acknowledgements
- 1 Introduction
- Part 1 Democratic desires
- 2 On human nature: beyond homo economicus
- 3 Moral dispositions
- 4 Economising on virtue
- 5 Political mechanisms
- 6 Mechanisms and dispositional choice
- 7 Problems of democratic politics
- Part II Democratic devices
- Bibliography
- Index
5 - Political mechanisms
Published online by Cambridge University Press: 22 September 2009
- Frontmatter
- Contents
- List of figures
- Preface and acknowledgements
- 1 Introduction
- Part 1 Democratic desires
- 2 On human nature: beyond homo economicus
- 3 Moral dispositions
- 4 Economising on virtue
- 5 Political mechanisms
- 6 Mechanisms and dispositional choice
- 7 Problems of democratic politics
- Part II Democratic devices
- Bibliography
- Index
Summary
This position will not be disputed so long as it is admitted that the desire of reward is one of the strongest incentives of human conduct; or that the best security for the fidelity of mankind is to make their interests coincide with their duty.
(Federalist papers, 72, Alexander Hamilton)Introduction
Our major reason for departing from economic orthodoxy in the matter of the motivational structure of individuals derives from a concern to extend the scope of rational actor analysis to include a range of ideas which are relatively familiar in the literature on constitutional politics and which seem to us to be central to any rounded constitutional analysis. Chief among these ideas is the concern to view constitutions in terms of the design of institutions which strike a balance between three considerations: the limitation of government powers; the expression of political opinion through processes of deliberation and representation that refine private opinions and select the most virtuous for office; and the maintenance of an environment which encourages individuals to participate in politics in an appropriate spirit. While an entirely orthodox economic analysis of constitutional design can easily recognise the first of these three elements, and can provide valuable insights into means by which power may be constrained, it seems destined to fail to provide an account of the second and third elements, since it cannot recognise the relevant categories.
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- Information
- Democratic Devices and Desires , pp. 67 - 86Publisher: Cambridge University PressPrint publication year: 2000