Richard Epstein's Classical Liberal Constitution: What Might Benjamin Franklin Have Thought?

33 Pages Posted: 24 Jan 2014

See all articles by Richard E. Wagner

Richard E. Wagner

George Mason University - Department of Economics; George Mason University - Mercatus Center

Date Written: January 23, 2014

Abstract

This essay accepts the normative vision Richard Epstein sets forth in The Classical Liberal Constitution, but refracts that vision through some considerations of positive political economy. In response to a questioner who asked at the conclusion of the Constitutional Convention what kind of constitution had been created, Benjamin Franklin is reported to have answered “a republic, if you can keep it.” Franklin’s response shows that he recognized that regimes are subject to constitutional erosion. This essay applies Franklin’s insight to Epstein’s formulation. The original liberal republic has not been kept. Epstein sets forth a judicial path along which that path might be recovered. Considerations from political economy suggest that more than judicial interpretation is at work in the constitutional erosion Epstein describes, and some understanding of those extra-judicial processes is also significant for any effort aimed at restoring a liberal republic.

Keywords: separation of powers; rule of law; constitutional erosion; autonomy of the political; democratic oligarchy; compound vs. simple republics

JEL Classification: D72, D85, K40, P16, P48

Suggested Citation

Wagner, Richard E., Richard Epstein's Classical Liberal Constitution: What Might Benjamin Franklin Have Thought? (January 23, 2014). GMU Working Paper in Economics No. 14-03, Available at SSRN: https://ssrn.com/abstract=2384325 or http://dx.doi.org/10.2139/ssrn.2384325

Richard E. Wagner (Contact Author)

George Mason University - Department of Economics ( email )

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HOME PAGE: http://mason.gmu.edu/~rwagner/

George Mason University - Mercatus Center ( email )

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Arlington, VA 22201
United States

HOME PAGE: http://ppe.mercatus.org/scholars/richard-wagner

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