POLS 1337 Study Guide - Comprehensive Midterm Guide: Supremacy Clause, Living Wage, American Revolution

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Institutions tend to be stable and resist change a) institutions persist beyond the tenure of of ce holders who occupy them. In order to get transaction costs or conformity costs we need collection action. 8: when there is no corporation there cannot be a collective action. 8/31/15 lecture: free rider problem de nition, an individual free rides of they pay less than their true marginal value derived from the public good, example: public television, highway construction, tragedy of the commons. 3. wielded by the state legislatures if there was a strong national government there should be more restrictions on it: popular in rule areas, federalists, written by hamilton and madison and jay in newspapers to convince weary. 3. delegates to vote for rati cation of the constitution re ection and choice or doomed by accident and force there are good reasons and arguments for the constitution le"s forget about the motives and focus on the arguments.

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