caa a22 4500 386331839 CHVBK 20180307111717.0 cr unu---uuuuu 161130e198912 xx s 000 0 eng 10.1017/S0022050700009451 doi S0022050700009451 pii (NATIONALLICENCE)cambridge-10.1017/S0022050700009451 Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth-Century England [Elektronische Daten] The article studies the evolution of the constitutional arrangements in seventeenth-century England following the Glorious Revolution of 1688. It focuses on the relationship between institutions and the behavior of the government and interprets the institutional changes on the basis of the goals of the winners—secure property rights, protection of their wealth, and the elimination of confiscatory government. We argue that the new institutions allowed the government to commit credibly to upholding property rights. Their success was remarkable, as the evidence from capital markets shows. Copyright © The Economic History Association 1989 North Douglass C. Luce Professor of Law and Liberty, Washington University, St. Louis, MO 63130. Weingast Barry R. Senior Research Fellow, Hoover Institution, Stanford University, Stanford, CA 94305. The Journal of Economic History Cambridge University Press 49/4(1989-12), 803-832 0022-0507 49:4<803 1989 49 JEH https://doi.org/10.1017/S0022050700009451 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1017/S0022050700009451 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- North Douglass C. Luce Professor of Law and Liberty, Washington University, St. Louis, MO 63130 NATIONALLICENCE 700 1- Weingast Barry R. Senior Research Fellow, Hoover Institution, Stanford University, Stanford, CA 94305 NATIONALLICENCE 773 0- The Journal of Economic History Cambridge University Press 49/4(1989-12), 803-832 0022-0507 49:4<803 1989 49 JEH CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence SWISSBIB 18813932X BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge