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Nancy MacLean on constitutional economics and the conservative movement

Summary:
[embedded content] Author of a great book on James Buchanan, that is certainly worth reading. The whole thing is related to Buchanan's constitutional economics and how it underpins the Koch's strategy to take over the country (and Pence is their guy, btw). The American Legislative Exchange Council (ALEC) that has been so influential in the far- right conservative movement take over of US politics at the State and local level (see this old piece in The Atlantic, or this in The Nation) has a plan for a constitutional convention and for 10 Libertarian Amendments that she discusses in the video (towards the end, 3:30 minutes into it), that has for the most part gone unnoticed (NYTimes had a piece on it a couple of years ago here). In all fairness, I didn't pay much attention until she said

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Author of a great book on James Buchanan, that is certainly worth reading. The whole thing is related to Buchanan's constitutional economics and how it underpins the Koch's strategy to take over the country (and Pence is their guy, btw). The American Legislative Exchange Council (ALEC) that has been so influential in the far- right conservative movement take over of US politics at the State and local level (see this old piece in The Atlantic, or this in The Nation) has a plan for a constitutional convention and for 10 Libertarian Amendments that she discusses in the video (towards the end, 3:30 minutes into it), that has for the most part gone unnoticed (NYTimes had a piece on it a couple of years ago here). In all fairness, I didn't pay much attention until she said balanced budget amendment. I always thought that the best shot conservatives had at entitlement reform (read privatization of social security) was with a neoliberal democrat as president (in the mold of Clinton and Obama). But it seems that they are pushing for other ways too.

PS: The book she refers to is by Mark Levin and the 11 amendments are these (according to Wikipedia, I haven't read the book, but will try to):

  1. Impose Congressional term limits
  2. Repeal the Seventeenth Amendment, returning the election of Senators to state legislatures;
  3. Impose term limits for Supreme Court Justices and restrict judicial review;
  4. Require a balanced budget and limit federal spending and taxation;
  5. Define a deadline to file taxes (one day before the next federal election);
  6. Subject federal departments and bureaucratic regulations to periodic reauthorization and review;
  7. Create a more specific definition of the Commerce Clause;
  8. Limit eminent domain powers;
  9. Allow states to more easily amend the Constitution by bypassing Congress;
  10. Create a process where two-thirds of the states can nullify federal laws;
  11. Require photo ID to vote and limit early voting.
Matias Vernengo
Econ Prof at @BucknellU Co-editor of ROKE & Co-Editor in Chief of the New Palgrave Dictionary of Economics

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