Greetings, iam Michael Maddox, Have a splendid day!
Why Do Principal-Agent Problems Arise In Representative Democracies? [Solved]
The principal-agent problem can occur in government when officials have incentives to act in their own interests rather than as agents for the people, who are the principals. Elected officials, unelected officials, and lobbyists all face different pressures to act against the public interest.
Paul Tucker – Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State
Central bankers have emerged from the financial crisis as the third great pillar of unelected power alongside the judiciary and the …
Institutions, Property Rights, and Growth: Theory and Evidence from the End of East European Serfdom
Brendan McElroy examines
Recovering our Bearings: Fatality, Choice, and Comprehension
John Dunn, a political theorist and emeritus Professor of Political Theory at King’s College, Cambridge, gave a series of four …
