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This book analyzes nine Supreme Court decisions that dealt primarily with money, monetary events, and monetary policy, from McCulloch v. Maryland in 1819 to the Gold Clause Cases in 1934-35. In doing so, it explains how both the gold standard and central bank work, how the former gave way to the latter, and how the Federal Reserve became unconstitutional.
The Power "to Coin" Money by Thomas Frederick Wilson Pdf
This book traces the history from colonial times to the present of the monetary powers exercised by the Congress under the Constitution. It follows the evolution of the American banking and monetary system from the perspective of specific provisions in the Constitution that authorize the government to coin money and regulate its value. The author critically examines how far the development of the contemporary money and banking system has pushed beyond the narrow powers spelled out in the Constitution. He shows how changes in congressional legislation, Supreme Court decisions on precedent-setting cases, and the evolution of central banking powers within the Federal Reserve System have expanded the scope of the federal government's monetary powers. Yet, the author views this history within the context of private limits to the authority of Congress and the Congress's distrust of lodging the central bank within the Executive branch, preferring instead to respect an independent central banking tradition. The Hamiltonian tradition, he concludes, still offers the best institutional arrangement to confront unstable markets and destabilizing political influence.
The Money of the Constitution (Classic Reprint) by Allen Ripley Foote Pdf
Excerpt from The Money of the Constitution The Constitution itself does not designate any particular kind of money, but delegates to Con gress the exclusive right to coin money there fore, anything that Congress may authorize to be issued from the United States mint as coined money is Constitutional Money. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
The Money of the Constitution by Allen Ripley Foote Pdf
Excerpt from The Money of the Constitution The popular phrase "The Money of the Constitution," strictly construed, means the money authorized by those who framed and adopted the Constitution in the first coinage law, enacted April 2, 1792, and approved by President George Washington. The Constitution itself does not designate any particular kind of money, but delegates to Congress the exclusive right "to coin money; therefore, anything that Congress may authorize to be issued from the United States mint as coined money is Constitutional Money. For the sake of popular recognition, it will be assumed that those who use the phrase "The Money of the Constitution" most frequently and with greatest unction, mean the money authorized by the first coinage act of 1792. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
In this revisionist history of the development of the modern monetary system, Christine Desan argues that money effectively creates economic activity rather than emerging from it. Her account demonstrates that money's design has been a project central to governance and formative to markets.
Constitutional Guide to Money, Finances, and Taxes by Samuel Pearce Pdf
The book contains references, quotes, and excerpts about the Constitution and the Founding Fathers' views on money, finances, and taxes. It provides an analysis of the value of money, which consists of standard weights and measures that were derived from Biblical principles. The content includes the constitutional tax structure, which consists of tonnages, imposts, and duties. Throughout history, the debasement of money-reducing the intrinsic value of a coin by increasing its base-metal content or printing more paper money than the amount in demand-has been used by rulers and governments for various reasons.
Money in American Politics by Richard Lawrence Miller Pdf
The people who run our government are affected by money just like the rest of us. Over the years, many of these officials have worried about meeting mortgage payments, holding off creditors, and avoiding bankruptcy. Others made fortunes by devoting their time to supervising their business interests. Either way, these distractions affected the lives of everyday citizens--from the price of shirts to the decisions for war or peace. In school, students are taught about governmental principles underlying political controversies, but instructors seldom talk about money that presidents and cabinet members stood to gain or lose, depending on who prevailed in a political dispute. This book will help fill the gaps in that knowledge. To ignore the business activities of our leaders is to ignore most of their adult lives. Having such awareness allows voters to see motivations in government decisions that may otherwise be obscure. Concentrating on presidents and cabinet members, from the birth of the U.S. through the Carter administration, this book tells how they and their associates gained and lost wealth, and how this affected their nation's well-being.
Money, Politics, and the Constitution by Monica Youn Pdf
"A brilliant collection of essays on one of the most important contemporary constitutional issues: when can and should the government be able to regulate campaign spending? Each essay offers original insights, and together they are a superb examination of the intersection of politics and constitutional law. If there is to be a new jurisprudence in this area, this book is likely its foundation."--Erwin Chemerinsky, founding dean, School of Law, University of California-Irvine In the U.S. Supreme Court case Citizens United v. Federal Election Commission, five justices ruled that corporations and unions had a constitutional right to spend unlimited sums in elections. In so doing, they overturned decades of precedent and dozens of laws. The ruling earned banner headlines, a sharp State of the Union rebuke, and public disapproval hovering near 80 percent in the polls. In the 2010 election that followed, independent spending spiked, much of it done secretly. The decision ranks among the Court's most controversial and consequential. This volume is an attempt to map out the complex labyrinth that led to Citizens United and to explore where this decision may lead. The chapters in it arose from a symposium sponsored by NYU's Brennan Center for Justice just nine weeks after the Citizens United decision was announced.
The Money of the Constitution by Allen Ripley Foote Pdf
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