Some scholars have argued that the Framers of the U.S. Constitution did not have a common set of views on economics, or that the Constitution, except perhaps in isolated clauses, does not reflect any specific economic views. The principal Framers did, in fact, share a basic set of economic...

This essay, which is aimed primarily but not exclusively at audiences in the field of philosophy, originated in a lecture prepared for a series on quot;Natural Moral Law and Contemporary Societyquot; at the School of Philosophy of the Catholic University of America. Using the Supreme Court's...

The first chairman of the U.S. Tariff Commission, Frank W. Taussig, expected the new body to put an end to “haphazard” and “irresponsible” management of trade policy. Reforming trade agreements was a top priority. In 1922, acting on the Commission’s weighty report, Reciprocity and...

Be it on topics of property, contract, commerce, trade, tax, legal history, or other matters, jurisprudence in the United States often invokes economic thinking in providing a rationale for legal outcomes. Consequently, I wondered how often the appeal to economic thinking in the courts included...

Commons sketches an institutionalist theory of property based on debt, that is a potential of expected income, and the vector of which is the monetary system. His monetary theory of the credit cycle inspires from Wicksell and Fisher’s debt-deflation theory, rather than from Fisher’s quantity...

This examines the various field observational methods utilized in the area of labor economics in the United States from the early 1900s through to the 1930s. Labor relations, at that time, was an area of critical practical importance as well as an area in which existing economic theory provided...

This paper recounts the history of hedge fund regulation in the United States over the last century, including Congressional legislation as well as legal cases mounted both by and against the Securities and Exchange Commission. Traditional arguments for and against hedge fund regulation are...