Constitutional restraints on expropriation inevitably impair governing capacity

Evidence

Also the Constitution could prohibit expropriation, but not reforms that would be a Pareto improvement. In reality it is difficult to fully restrain the authority of the government in this respect to expropriation without restricting its ability to govern in other areas. — Philippe Aghion, Alberto Alesina, and Francesco Trebbi, Endogenous Political Institutions, 44

Categorization

• SEED: An essay angle on why anti-corruption and anti-expropriation rules tend to hobble the very state machinery they aim to discipline.
• XREF: Connects to debates about constitutional constraints, emergency powers, and the ‘untyrannical’ executive in political theory.