Citizen Advocates for Constitutional Principles


Constitutional Gems - # 741 – 10-08-2007


Question: Does the Constitution promote a free market?

 

A market cannot exist unless there is some standard coordinating mechanism. A market brings buyers and sellers together. In a free market buyers and sellers can come to agreement on the price of the goods or services. From a record of the prices agreed upon all participants in the market can plan their actions in the market. In a free market it is the buyers and sellers that generally control the market and prices.

Even though Article I, Section 8 gives Congress the authority to regulate commerce with foreign nations and among the states, it is still limited by the Constitution how much it may interfere with the market. In Article I, Section 9 it is limited from passing ex post facto laws or bills of attender. In the same sections the government may not limit external markets by taxing exports. Amendment X was written to limit the Federal Government from taking upon itself those powers not given it by the constitution. With these the government is restricted from controlling market and price in general cases and by its absence of control allows the self interest of the participants to drive the market.

(Contributed by George Sweeney)

Send us your comments about issues in this newsletter.



Do you have a question regarding the Constitution?


Send us your question.
Would you like to contribute to the CACP Newsletter (GEMS)?
Click here to view requirements.
We need your help to reach our goal to get Gems to the email of each and every elected official, government employee, members of the news media, social studies and history teacher in the US and abroad. Send us only their email addresses, we will send them Gems. If they do not wish to receive it unsubscribing is as easy as clicking on the "unsubscribe" link. This newsletter may be the only study they may have of the Constitution.
Share the Constitution.
Hold on, my friends, to the Constitution and to the Republic for which it stands. Miracles do not cluster and what has happened once in 6,000 years, may not happen again. Hold on to the Constitution, for if the American Constitution should fail, there will be anarchy throughout the world.- Daniel Webster

Subscribe to receive the CACP Newsletter direct:

This is always a free subscription! We guarantee our subscription list is never shared with any third party. Ever!

Suggest they Subscribe.



Did you miss an issue of Gems. Find it at CACP.info
To unsubscribe
click here.


© 2006 - Citizen Advocates for Constitutional Principles, Inc.

To contact webmaster.