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The Status of the Status Quo


  • James M. Buchanan



The status quo plays a central role in both the positive and normative analysis associated with the constitutionalist and contractarian perspective. This paper reviews the status of the status quo in this context by identifying and addressing a series of questions relating to the definition, emergence and value of the status quo.

Suggested Citation

  • James M. Buchanan, 2004. "The Status of the Status Quo," Constitutional Political Economy, Springer, vol. 15(2), pages 133-144, June.
  • Handle: RePEc:kap:copoec:v:15:y:2004:i:2:p:133-144

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    References listed on IDEAS

    1. Leeson, Peter T., 2005. "Endogenizing fractionalization," Journal of Institutional Economics, Cambridge University Press, vol. 1(01), pages 75-98, June.
    2. Robert C. Allen, 2003. "Progress and poverty in early modern Europe," Economic History Review, Economic History Society, vol. 56(3), pages 403-443, August.
    3. Barzel, Yoram, 1997. "Parliament as a wealth-maximizing institution: The right to the residual and the right to vote," International Review of Law and Economics, Elsevier, vol. 17(4), pages 455-474, December.
    4. Jonathan Klick & Francesco Parisi, 2003. "The Disunity of Unanimity," Constitutional Political Economy, Springer, vol. 14(2), pages 83-94, June.
    5. Broadberry, Stephen N & Gupta, Bishnupriya, 2005. "The Early Modern Great Divergence: Wages, Prices and Economic Development in Europe and Asia, 1500-1800," CEPR Discussion Papers 4947, C.E.P.R. Discussion Papers.
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    1. repec:kap:pubcho:v:171:y:2017:i:3:d:10.1007_s11127-017-0445-9 is not listed on IDEAS
    2. Petrick, Martin, 2008. "Theoretical and methodological topics in the institutional economics of European agriculture. With applications to farm organisation and rural credit arrangements," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 45, number 92318.
    3. Trofimov, Ivan D., 2017. "International policy entrepreneurship and production of international public goods: the case of multilateral trade regime," MPRA Paper 80819, University Library of Munich, Germany.
    4. Wohlgemuth Michael, 2008. "50 Jahre Europäische Ordnungspolitik: ordnungs- und konstitutionenökonomische Anmerkungen / 50 years of European „Ordnungspolitik”, remarks from a constitutional economics perspective," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 59(1), pages 381-404, January.
    5. Coyne, Christopher J., 2011. "Constitutions and crisis," Journal of Economic Behavior & Organization, Elsevier, vol. 80(2), pages 351-357.
    6. Sujai Shivakumar, 2012. "The Calculus of Consent and real world constitution-making," Public Choice, Springer, vol. 152(3), pages 339-344, September.
    7. Trofimov, Ivan, 2017. "Entrepreneurship and policy dynamics: a theoretical framework," MPRA Paper 79497, University Library of Munich, Germany.
    8. Martin Petrick & Ingo Pies, 2007. "In search for rules that secure gains from cooperation: the heuristic value of social dilemmas for normative institutional economics," European Journal of Law and Economics, Springer, vol. 23(3), pages 251-271, June.
    9. Christopher Coyne & Russell Sobel & John Dove, 2010. "The non-productive entrepreneurial process," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 23(4), pages 333-346, December.

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