The Economic Efficiency of the Original US Constitution

dc.contributor.advisorNorth, Charles
dc.contributor.authorWilliamson, Alexander
dc.contributor.departmentUniversity Scholars.en_US
dc.contributor.otherBaylor Universityen_US
dc.contributor.schoolsHonors College - Honors Programen_US
dc.date.accessioned2021-08-24T13:02:00Z
dc.date.available2021-08-24T13:02:00Z
dc.date.copyright2021
dc.date.issued2021-08-24
dc.description.abstractSince 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.en_US
dc.identifier.urihttps://hdl.handle.net/2104/11528
dc.language.isoen_USen_US
dc.rightsBaylor University projects are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. Contact libraryquestions@baylor.edu for inquiries about permission.en_US
dc.rights.accessrightsWorldwide accessen_US
dc.subjectEconomics.en_US
dc.subjectWelfare economics.en_US
dc.subjectUnited States Constitution.en_US
dc.titleThe Economic Efficiency of the Original US Constitutionen_US
dc.typeThesisen_US

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