TOWARD A NEW CONSTITUTION FOR A FUTURE COUNTRY

This paper outlines a preliminary radical plan for a constitution base d primarily on recent contributions on mechanisms for choice of public goods and on constitutional rules and concepts, but based also on exp erience with present constitutions, corporate charters, and private ar bitration procedures. It uses the standard economic perspective, disre garding such motives as herd instincts and the desire to serve the pub lic interest. The result is markedly different from existing constitut ions.