Empiriceme · Model · Theory / Model

Dignified and Efficient

Also called The efficient secret

Institutions carry a ceremonial part that commands loyalty and a working part that exercises power, and confusing them misreads both.

Bagehot's 1867 analysis of the British constitution: the monarchy commands loyalty, the cabinet exercises power, and the arrangement works because the public attends to the first. Confusing them misjudges both.

In practice

  • A regulator's public hearings command deference and its enforcement team exercises the power, and confusing the two misjudges both.
  • A company's founder holds the ceremonial role and the chief operating officer holds the levers, and outsiders lobby the wrong one.
Subject
Law & Politics
Essay
Competing accounts of how power works

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