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Social and Behavioral Sciences Commons

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Full-Text Articles in Social and Behavioral Sciences

Can Public Debt Enhance Democracy?, Clayton P. Gillette Dec 2008

Can Public Debt Enhance Democracy?, Clayton P. Gillette

William & Mary Law Review

This Essay draws on historical and current examples to examine the extent to which public creditors can enhance democracy by monitoring public officials in a manner that compensates for the failures of the government debtor's constituents to monitor public officials. Creditors and constituents may share significant interests, depending on the structure of security arrangements for public debt and the identity of the debtors. Where interests overlap, the capacity of creditors to overcome collective action problems suffered by constituents may transform creditors into surrogates for constituents. Whether creditors are willing to play this role, however, may depend on the existence of …


The Crash And A Third Bloomberg Term, Timothy Zick Sep 2008

The Crash And A Third Bloomberg Term, Timothy Zick

Popular Media

No abstract provided.


Section 2: 2008 Election And The Supreme Court, Institute Of Bill Of Rights Law, William & Mary Law School Sep 2008

Section 2: 2008 Election And The Supreme Court, Institute Of Bill Of Rights Law, William & Mary Law School

Supreme Court Preview

No abstract provided.