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The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
Edition 13ISBN: 9780132992695The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
Edition 13ISBN: 9780132992695 Exercise 4
The textbook has several times emphasized the importance of the rule of law. The antithesis of the rule of law is arbitrary governance, or governance according to the will of whoever is in charge.
(a) Does democracy promote the rule of law?
(b) The governments of South Korea, Taiwan, Hong Kong, and Singapore- four countries that experienced very rapid economic growth from 1950 to 1990-were not distinguished during most of this period for the democratic character of their political systems. Is the rule of law more likely to be established in a highly democratic society or in one with a somewhat authoritarian government?
(a) Does democracy promote the rule of law?
(b) The governments of South Korea, Taiwan, Hong Kong, and Singapore- four countries that experienced very rapid economic growth from 1950 to 1990-were not distinguished during most of this period for the democratic character of their political systems. Is the rule of law more likely to be established in a highly democratic society or in one with a somewhat authoritarian government?
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The definition of the rule of law has be...
The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
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