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    The Economic Efficiency of the Original US Constitution

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    Date
    2021-08-24
    Author
    Williamson, Alexander
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    Abstract
    Since it was ratified, the United States Constitution has been the supreme law of the land for the nation. The legal importance of the Constitution is obvious. Despite this fact, few attempts have been made to determine the impact of the US Constitution on economic efficiency. This thesis investigates the economic efficiency of the US Constitution in its original form. That is, the body of the Constitution and the first ten amendments – often referred to as the Bill of Rights. The thesis looks at the Constitution’s impact civil commerce, private markets, and public activity. A few smaller topic that do not fit well into such labels are also included. Economic efficiency is defined primarily in terms of Pareto Optimality. A few sections also discuss efficiency in terms of Kaldor-Hicks efficiency, but it is a secondary metric.
    URI
    https://hdl.handle.net/2104/11528
    Department
    University Scholars.
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    Copyright © Baylor® University All rights reserved. Legal Disclosures.
    Baylor University Waco, Texas 76798 1-800-BAYLOR-U
    Baylor University Libraries | One Bear Place #97148 | Waco, TX 76798-7148 | 254.710.2112 | Contact: libraryquestions@baylor.edu
    If you find any errors in content, please contact librarywebmaster@baylor.edu
    DSpace software copyright © 2002-2016  DuraSpace
    Contact Us | Send Feedback
    TDL
    Theme by 
    Atmire NV