In this seminal work, Bernard Siegan traces the history of
onstitutional protection for economic liberties in the United
States. He argues that the law began to change with respect to
economic liberties in the late 1930s. At that time, the Supreme
Court abdicated much of its authority to protect property rights,
and instead condoned the expansion of state power over private
property.
Siegan brings the argument originally advanced in the .first
edition completely up to date. He explores the moral position
behind capitalism and discusses why former communist countries
flirting with decentralization and a free market (for instance,
China, Cambodia, Vietnam, and Laos) have become more progressive
and prosperous as a result. He contrasts the benefits of a free,
deregulated economy with the dangers of over-regulation and moves
towards socialized welfare--most specifically as happened during
Franklin Roosevelt's presidency. Supporting his thesis with
historical court cases, Siegan discusses the past and present
status of economic liberties under the Constitution, clarifies
constitutional interpretation and due process, and suggests ways of
safeguarding economic liberties.
About the original edition, Doug Bandow of "Reason "noted,
"Siegan has written a vitally important book that is sure to ignite
an impassioned legal and philosophical debate. The reason--the
necessity--for protecting economic liberty is no less than that
guaranteeing political and civil liberty." Joseph Sobran of the
"National Review "wrote, "Siegan...makes a powerful general case
for economic liberty, on both historical and more strictly
empirical grounds.... Siegan has done a brilliant piece of work,
not only where it was badly needed, but where the need had hardly
been recognized until he addressed it." And Edwin Meese remarked
that, "This timely and important book shows how far we have drifted
from protecting basic liberties that the Framers of the
Constitution sought to secure. I recommend it highly." This new,
completely revised edition "of Economic Liberties and the
Constitution "will be essential reading for students of economics,
history, public policy, law, and political science.
General
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