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Democracy and institutional change

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  • Nicholas Kyriazis

Abstract

The present essay analyses decision making procedures concerning economic issues such as the choice of public goods in the prototype democracy, Ancient Athens of the fourth century BC (the “Age of Demosthenes”). It analyses the link between political democracy, “economic” democracy, the emergence of new institutions and the finance of public goods like defence, education and “social security”. The prototype political democracy was advanced in questions of public administration, finance and institutions, on which political democracy was based. The paper concludes with some proposals as to what we could “learn” from the workings of “economic democracy” that is relevant for today’s democracies.

Suggested Citation

  • Nicholas Kyriazis, 2007. "Democracy and institutional change," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 65-82.
    • Handle: RePEc:ers:journl:v:x:y:2007:i:1-2:p:65-82
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    File URL: http://www.ersj.eu/repec/ers/papers/07_12_p4.pdf
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    References listed on IDEAS

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    1. George Halkos & Nickolas Kyriazis, 2006. "Is tax competition harmful and is the EU an optimal tax area?," European Journal of Law and Economics, Springer, vol. 21(2), pages 163-177, April.
    2. Lyttkens Carl Hampus, 1994. "A Predatory Democracy? An Essay on Taxation in Classical Athens," Explorations in Economic History, Elsevier, vol. 31(1), pages 62-90, January.
    3. Nicholas Kyriazis & Michel Zouboulakis, 2004. "Democracy, Sea Power and Institutional Change: An Economic Analysis of the Athenian Naval Law," European Journal of Law and Economics, Springer, vol. 17(1), pages 117-132, January.
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    Cited by:

    1. George Halkos & Nickolas Kyriazis, 2010. "The Athenian economy in the age of Demosthenes: path dependence and change," European Journal of Law and Economics, Springer, vol. 29(3), pages 255-277, June.
    2. Nicholas KYRIAZIS & Emmanouil ECONOMOU, 2013. "Social Contract, Public Choice And Fiscal Repercussions In The Athenian Democracy," Theoretical and Practical Research in the Economic Fields, ASERS Publishing, vol. 4(1), pages 61-76.
    3. Arvanitidis Paschalis A. & Kyriazis Nicholas C., 2013. "Democracy and Public Choice in Classical Athens," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 19(2), pages 213-248, August.
    4. Economou Emmanouil M.L. & Kyriazis Nicholas C., 2016. "Choosing Peace Instead of War. A Lesson from Athenian Democracy," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 22(2), pages 191-212, April.
    5. Economou, Emmanouel/Marios/Lazaros & Kyriazis, Nicholas, 2015. "Athenian fiscal expansionary policy and peace versus war strategy," MPRA Paper 62987, University Library of Munich, Germany.

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