James W. Jr. Ely
eBook, ePUB

The Contract Clause (eBook, ePUB)

A Constitutional History

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Few provisions of the American Constitution have had such a tumultuous history as the contract clause. Prompted by efforts in a number of states to interfere with debtor-creditor relationships after the Revolution, the clauseArticle I, Section 10reads that no state shall pass any. . . Law impairing the Obligation of Contracts. Honoring contractual commitments, in the framers' view, would serve the public interest to encourage commerce and economic growth. How the contract clause has fared, as chronicled in this book by James W. Ely, Jr., tells us a great deal about the shifting concerns and as...

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