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An economic interpretation of the Constitution of the United States

Note 422 — Chapter VI · THE CONSTITUTION AS AN ECONOMIC DOCUMENT

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There are, of course, some restrictions on Congress laid down in the Constitution; but the powers of the national legislature are limited and the restrictions are not of the same significance. Radical action on the part of the national legislature was anticipated in the structure of the government itself, but specific provision had to be made against the assaults of popular majorities in state legislatures on property rights.

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