The Impact of Constitutional Philosophy on Economic Regulation

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Authors

Sagner, James S.

Issue Date

2007-03

Type

Article

Language

en_US

Keywords

United States of America , Business , Regulation , Constitution , Founding fathers

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Abstract

This article addresses the intentions of the framers with regard to governmental participation in and control of business activity. This topic is particularly timely today as the U.S. defends its international position and considers the relevance of economic regulation enacted as long ago as the late 19th century. We review what worked in the past and consider whether the same solutions can work in the future. As America is governed by the Constitution, we argue that the framers would have chosen the preservation of our economic security and therefore would have disapproved of the current overregulated business environment on pragmatic grounds.

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Citation

James Sagner and David Rosner, "The Impact of Constitutional Philosophy on Economic Regulation, " Economics, Management, and Financial Markets, Volume 2, Number 1, March 2007, pages 9 - 40.

Publisher

Denbridge Press

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DOI

ISSN

1842-3191

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