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In: "Toward a Constitutional Theory of Property Rights to Escape the Transitional Gains Trap: A View from The Machiavellians." In Marta Podemska-Mikluch, Mikayla Novak, and Richard E. Wagner, eds. Realism, Ideology, and the Convulsions of Democracy. New York: Springer, Forthcoming
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In: The Review of Austrian Economics, Forthcoming
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In: Journal of institutional economics, Band 16, Heft 2, S. 233-249
ISSN: 1744-1382
AbstractHow did the evolution of the rule of law become stunted in Sicily during the 19thcentury? The work of economist Yoram Barzel, particularly his property-rights approach to understanding the political economy of state formation, is uniquely suited to understanding the failure of Italy's unification process to secure the rule of law in Sicily during the 19th century. This failure can be explained by a lack of a credible commitment to the rule of law in the state formation process. I argue that this lack of credible commitment manifested itself in the abolition of previously existing parliamentary institutions as an independent collective action mechanism, as well as prior constitutional agreements that existed in the Kingdom of Sicily. The resulting uncertainty over the security and legal definition of property rights over land raised the transaction costs of competing for resources through productive specialization and market exchange. In turn, it reduced the relative costs of competition for land ownership and the use of enforcement through other means, such as rent seeking or organized crime.
In: In Economic Ideas, Policy and National Culture: A Comparison of Three Market Economies. London: Routledge, 2021, pp. 35–55.
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In: In Jayme S. Lemke and Vlad Tarko, eds. Elinor Ostrom and the Bloomington School: Building a New Approach to Policy and the Social Sciences. Newcastle upon Tyne: Agenda Publishing, 2021, pp. 153–170.
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In: Journal of Institutional Economics, Forthcoming
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In: Advances in Austrian Economics 23 (2018): 29-44.
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In: Public choice, Band 160, Heft 3-4, S. 567-569
ISSN: 1573-7101
In: Public choice, Band 160, Heft 3-4, S. 567-569
ISSN: 1573-7101
In: Public choice, Band 160, Heft 3, S. 567-569
ISSN: 0048-5829
In: Oxford Handbook on Private Enterprise, edited by Edward Peter Stringham. New York: Oxford University Press.
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In: The Independent Review: A Journal of Political Economy, Forthcoming.
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In: Cosmos + Taxis: Studies in Emergent Order and Organization, Forthcoming
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In: A Research Agenda for Austrian Economics, edited by Steven Horwitz and Louis Rouanet, Forthcoming
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