Property Rights and the Supreme Court in the Gilded Age
James W. Ely Jr.
Vanderbilt University - Law School
April 24, 2012
Journal of Supreme Court History, Forthcoming
Vanderbilt Law and Economics Research Paper No. 12-17
Vanderbilt Public Law Research Paper No. 12-19
This article challenges the conventional wisdom about the property-rights jurisprudence of the Supreme Court in the period 1870-1900. It asserts that the Court was animated to protect the rights of property owners as a means of upholding individual liberty against governmental overreaching. The justices saw private property as essential for the enjoyment of liberty. This commitment to individualistic values was reinforced by utilitarian considerations. The Court repeatedly stressed the vital role of property and contractual rights as the basis of economic growth. In upholding property right the justices drew upon the long-standing Anglo-American tradition of property-conscious constitutionalism. The essay concluded that there was a close affinity between the views of the framers of the Constitution concerning the sanctity of property rights and the jurisprudence of the Gilded Age.
Number of Pages in PDF File: 27
Keywords: Gilded Age, property rights, takings clause, eminent domain, contracts, contract clause, liberty of contract, “class” legislation, laissez-faire, liberty, taxation, Stephen J. Field, Melville W. Fuller, Morrison R. Waite, William Strong, John Marshall Harlan, Samuel F. Miller, David J. Brewer, HenryAccepted Paper Series
Date posted: May 29, 2012
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