get academic-y about it, Romney is being “conceptually fuzzy” with his terms.”Co

http://drezner.foreignpolicy.com/posts/2012/08/02/mitt_romney_is_living_every_social_scientists_nightmare”To get academic-y about it, Romney is being “conceptually fuzzy” with his terms.”Complete nonsense. A population’s formal institutions are a reflection of it’s informal institutions. It’s informal institutions reflect it’s notions of property rights. – where property rights in this case includes several property, familial property, communal property, and cultural norms: morals, ethics, manners and rituals.Romney is a CONSERVATIVE. Conservatives think in terms of, and give higher priority to, moral capital: norms. His framework is that framework. And in that framework he is speaking quite clearly, and accurately, to his audience.