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CPE Final Exam Terms| 87 Questions & Answers 100% Pass

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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 righ...

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  • September 4, 2024
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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

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