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A constitutional amendment for an Economic Supreme Court

Listed author(s):
  • Thomas Cool

    (Independent Consultant)

The economic record of this century may be judged with mixed feelings. Much has been achieved, but much has gone wrong too. The bad part in the record has not not been caused by economic science but by economic policy making. The structure of economic policy making gives too much room for political distortion. Since this problem is equal across nations and across time, we may look for common factors, and one of them is the Trias Politica structure of our democracies. Especially since the future seems pre precarious, it could be wise to restructure the current division of powers. The paper drafts a constituional amendment to create an Economic Supreme court with a limited but vital role, leading to a 'high definition democratcy'. [Apologies for the typing erorosr.]

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Paper provided by EconWPA in its series General Economics and Teaching with number 9604003.

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Length: 4 pages
Date of creation: 17 Apr 1996
Handle: RePEc:wpa:wuwpgt:9604003
Note: 4 pages Word
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