4. The 2% Solution

Chapters in this book

1. Frontmatter i
2. Contents viii
3. INTRODUCTION. The Source of My Idea 1
4. 1. The Big Benefits of a Small Dose of Democracy 9
5. 2. Longer Terms, Braver Politicians 27
6. 3. Central Bank “Independence” 41
7. 4. The 2% Solution 63
8. 5. This Chapter Does Not Apply to Your Country 95
9. 6. Bondholders as a Separate and Coequal Branch of Government 118
10. 7. Jonathan Rauch, Prophet of Political Realism 137
11. 8. The Hard Case of the European Union 148
12. 9. Singapore: Flourishing with 50% Less Democracy 169
13. CONCLUSION. Buying the Right Dose of Democracy 177
14. Acknowledgments 189
15. Notes 191
16. Bibliography 207
17. Index 221