Here’s a short animation of what I’m calling the ‘political-jurisdictional institutional possibilities frontier’. I’ll come back to this to actually explain what it is (!) but the general idea is an extension of the institutional possibilities frontier of the new comparative economics (Djankov et al 2003) to incorporate social losses across three dimensions.
(Edit: It hasn’t uploaded to Vimeo properly, you’ll just have to use your imagaination until I can get around to finding a fix. The shape is kind of bowl-like or like an 1/8th of a sphere; or rather it’s a series of concentric Russian-doll-like bowl-like 1/8th spheres. Imagine.)