Law Commons^™

The Supreme Court As The Arbiter Of Economic Affairs Through Interpretation Of The Commerce Clause From 1789 Through 1937, Cloene Biggs

Honors Theses

Under the Articles of Confederation, Congress did not have the power to regulate interstate and foreign commerce. As a result, each state attempted to protect local business at the expense of the other states through the enforcing of trade barriers. Removal of these restrictions on commercial relations imposed by the "sovereign" states became one of the "moving purposes" which brought about the Constitutional Convention in 1787. There seems to be no doubt that the commerce clause was inserted in the Constitution to prevent the states from interfering with the freedom of commercial intercourse.

The constitutional meaning of the commerce …

The Federal Reserve System, Dan Gaske

Honors Theses

The Federal Reserve System, a little over fifty years old, is now the dominant force in the monetary policy of our nation's economy. Through its use of the reserve requirements, discount rate and other methods, the Federal Reserve System can greatly control the mood and pace of the economy. The 'Fed', as the system is called, has over 6,750 member banks, and has over eighty-five percent of the nation's demand deposits in its vaults. However, despite this great size and the fact that almost every time a person writes a check, he is using the Federal Reserve System, the 'Fed' …