CPE Final Exam Terms| 87 Questions &
Answers 100% Pass
Weingast Paradox Correct Answer-a government strong enough to protect property rights
is strong enough to encroach on the rights of its citizens
liberal paradox (faustian bargain) Correct Answer-preventing people from violating the
rights of others necessitates coercion - use of coercion is always wrong to use
Rothbard response to liberal paradox Correct Answer-use of coercion is always wrong!! no
bargain can take place!! hence anarcho-capitalism
Buchanan response to liberal paradox Correct Answer-liberal anarchists who believe that
markets can exist without states are stupid
Hume's rejection of 3 social order theories Correct Answer-theological (divine right of
kings)
draconian force (leviathan)
contractarian
it all has to do with ACQUIESCENCE to the existing social order
, CPE Final Exam Terms| 87 Questions &
Answers 100% Pass
entrance and exiting conventions Correct Answer-it is easier to enter than to exit
Hume, Liberty and Mutual Advantage Correct Answer-RIGHTS-BASED defense of liberty
- mutual advantage: both parties involved in an interaction benefit from the exchange
- liberty: create an order in which individuals can benefit
- working with existing order > better than making a new one
Hardin - what constitutions do Correct Answer-constitutions are CONVENTIONS that allow
people to benefit from mutual exchange
3 basics of constitutionalism as coordination Correct Answer-acquiescence to order:
apathy over agreeing to make a new gvt
mutual advantage: it is to everyone's advantage to have social order
challenge re-coordination: easier to deal with current system
, CPE Final Exam Terms| 87 Questions &
Answers 100% Pass
Why do constitutions require outside enforcement Correct Answer-- social contract
theories rely on nothing but hypothetical agreement - need outside enforcement
Reality and contract vs. convention Correct Answer-- contract lacks enforceability
- contract: not as simple as solving a PD
- convention: coordination game to yield more payoff - focal points
Hume's critique of contractarian conceptions + tacit consent Correct Answer-- not a
historical reality: no country formed upon voluntary consent
- modern legitimacy: interdependence costs
- hard do just get up and leave --> tacit consent
Coordination game Correct Answer-one option is more salient, yields a higher payoff
schelling points Correct Answer-focal points - salient common points upon which people
can coordinate
Answers 100% Pass
Weingast Paradox Correct Answer-a government strong enough to protect property rights
is strong enough to encroach on the rights of its citizens
liberal paradox (faustian bargain) Correct Answer-preventing people from violating the
rights of others necessitates coercion - use of coercion is always wrong to use
Rothbard response to liberal paradox Correct Answer-use of coercion is always wrong!! no
bargain can take place!! hence anarcho-capitalism
Buchanan response to liberal paradox Correct Answer-liberal anarchists who believe that
markets can exist without states are stupid
Hume's rejection of 3 social order theories Correct Answer-theological (divine right of
kings)
draconian force (leviathan)
contractarian
it all has to do with ACQUIESCENCE to the existing social order
, CPE Final Exam Terms| 87 Questions &
Answers 100% Pass
entrance and exiting conventions Correct Answer-it is easier to enter than to exit
Hume, Liberty and Mutual Advantage Correct Answer-RIGHTS-BASED defense of liberty
- mutual advantage: both parties involved in an interaction benefit from the exchange
- liberty: create an order in which individuals can benefit
- working with existing order > better than making a new one
Hardin - what constitutions do Correct Answer-constitutions are CONVENTIONS that allow
people to benefit from mutual exchange
3 basics of constitutionalism as coordination Correct Answer-acquiescence to order:
apathy over agreeing to make a new gvt
mutual advantage: it is to everyone's advantage to have social order
challenge re-coordination: easier to deal with current system
, CPE Final Exam Terms| 87 Questions &
Answers 100% Pass
Why do constitutions require outside enforcement Correct Answer-- social contract
theories rely on nothing but hypothetical agreement - need outside enforcement
Reality and contract vs. convention Correct Answer-- contract lacks enforceability
- contract: not as simple as solving a PD
- convention: coordination game to yield more payoff - focal points
Hume's critique of contractarian conceptions + tacit consent Correct Answer-- not a
historical reality: no country formed upon voluntary consent
- modern legitimacy: interdependence costs
- hard do just get up and leave --> tacit consent
Coordination game Correct Answer-one option is more salient, yields a higher payoff
schelling points Correct Answer-focal points - salient common points upon which people
can coordinate
