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To Form a More Perfect Union: A New Economic Interpretation of United States Constitution

Author

Listed:
  • McGuire, Robert A.

    (Buchtel College, University of Akron)

Abstract

This is a quantitative reexamination of the behavior of the Founding Fathers during the creation of the United States' Constitution. It employs cliometric analysis, formal economic analysis, and modern statistical techniques, to explain the choices the founders made during the drafting and ratification of the Constitution. These include: What form of government did the founders intend for the Constitution? What factors motivated them to adopt particular clauses in the Constitution? What factors led them to ratify the Constitution? The author argues that the findings challenge the prevailing interpretation of the formation of the Constitution.

Suggested Citation

  • McGuire, Robert A., 2003. "To Form a More Perfect Union: A New Economic Interpretation of United States Constitution," OUP Catalogue, Oxford University Press, number 9780195139709.
    • Handle: RePEc:oxp:obooks:9780195139709
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    Citations

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    Cited by:

    1. Grubb, Farley, 2010. "Testing for the Economic Impact of the U.S. Constitution: Purchasing Power Parity Across the Colonies versus Across the States, 1748–1811," The Journal of Economic History, Cambridge University Press, vol. 70(1), pages 118-145, March.
    2. Andrew Smith & Graham Brownlow, 2023. "Informal Institutions as Inhibitors of Rent-Seeking Entrepreneurship: Evidence From U.S. Legal History," Entrepreneurship Theory and Practice, , vol. 47(6), pages 2323-2346, November.
    3. Pavlik, Jamie Bologna & Jahan, Israt & Young, Andrew T., 2023. "Do longer constitutions corrupt?," European Journal of Political Economy, Elsevier, vol. 77(C).
    4. Jeffrey Rogers Hummel, 2022. "New Historians and the American Revolution: Are Their Interpretations Really That New?," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 37(Fall 2022), pages 25-37.
    5. Mwangi Kimenyi & William Shughart, 2010. "The political economy of constitutional choice: a study of the 2005 Kenyan constitutional referendum," Constitutional Political Economy, Springer, vol. 21(1), pages 1-27, March.
    6. Phillip W. Magness & Art Carden & Ilia Murtazashvili, 2023. "Gordon Tullock and the economics of slavery," Public Choice, Springer, vol. 197(1), pages 185-199, October.
    7. Farley Grubb, 2004. "The U.S. Constitution and Monetary Powers: An Analysis of the 1787 Constitutional Convention and How a Constitutional Transformation of the Nation's Monetary System Emerged," Working Papers 04-08, University of Delaware, Department of Economics.
    8. Daron Acemoglu & Suresh Naidu & Pascual Restrepo & James A. Robinson, 2013. "Democracy, Redistribution and Inequality," NBER Working Papers 19746, National Bureau of Economic Research, Inc.
    9. Farley Grubb, 2004. "Purchasing Power Parity Across Six British Colonies Versus Across the Same Six U.S. States, 1748-1811," Working Papers 04-05, University of Delaware, Department of Economics.
    10. Ruttan, Vernon W., 2007. "Why is Nation Building So Bloody? Two Cases," Staff Papers 7305, University of Minnesota, Department of Applied Economics.
    11. Ben Baack & Robert A. McGuire & T. Norman Van Cott, 2009. "Constitutional Agreement during the Drafting of the Constitution: A New Interpretation," The Journal of Legal Studies, University of Chicago Press, vol. 38(2), pages 533-567, June.
    12. Farley W. Grubb, 2005. "State "Currencies" and the Transition to the U.S. Dollar: Reply—Including a New View from Canada," American Economic Review, American Economic Association, vol. 95(4), pages 1341-1348, September.
    13. Sebastian Coll, 2008. "The origins and evolution of democracy: an exercise in history from a constitutional economics approach," Constitutional Political Economy, Springer, vol. 19(4), pages 313-355, December.

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