Constitutional Political Economy: Ideological Origins and Its Place in the Economic Doctrines
The role of economic analysis of constitutions as formal and informal social contracts is revealed. The social teachings, which have become a source of ideas, and later developed into the constitutional political economy, are examined. The place of constitutional political economy in the modern economic doctrines is determined, including the public choice theory, law and economics and new institutional economics. The author notes that the new institutional economic theory can complement and develop the constitutional political economy.