In a new article on Public Discourse, Samuel Gregg explores social contract theory and how that may apply to the current budget battles:
In very broad terms, social contract theory is a way of understanding the relationship between governments and the people. It holds that, having agreed upon the need for a government, individuals create a state on the basis of mutual promises. This permits the state to claim that its authority is based on a delegation of people’s rights to pursue their particular interests in their own way.
Read more on Gregg: Social Contracts, Human Flourishing, and the Economy…
