I just shamelessly copying his definition:
Authority is conserved. For any possible action that affects multiple people, some one (or some group) must have the ultimate decision making authority. Good governance is thus a matter of putting the decision making authority in a chain of accountability that ends with people who have the personal incentive or disposition to make a just decision. From the study of history, formalists have observed the following general truths about how this is to be done:
- Rulers chosen by a lawful process have far better records than rulers who take power through violence or fraud.
- Fixed share systems (like joint stock corporations) are more efficient and less prone to conflict than non-fixed distributive systems (like when voting blocks can organize and vote to transfer slices of the national pie to themselves).
- popular democracy is a destructive form of government because factions and parties form that expend all their energy engaged in destructive conflicts over dividing the pie, rather than figuring out how to grow the pie.
- managed democracy is not a responsible form of government, because the media, academia, and civil service are not held accountable for their decisions. Plus it still has the problems of popular democracy, only in a less virulent form.
- A government is a property owner, it owns an alloidial title to a very large territory. If you wish to deny its legitimacy or redirect its flow of rents (taxes), expect violent resistance from the beneficiaries/controllers of the government.
- If you have a good government, you also want that government to be a strong government.
- Coherent governance structures are generally more responsible than fractured structures, since in a fractured system each faction will enrich itself at the expense of the whole.
- Property rights and simple, negative law are essential, because they bar people from getting wealthy by stealing the pie, and therefore force people to grow the pie in order to better themselves.
- The best governments have been strong enough to enforce property rights and rule of law over a large territory, but possessed enough wu wei to not inflict large amounts of oppressive positive law.
- A constitution cannot enforce itself, and therefore must be designed to be a stable Schelling point for the military.