How the Contracts Clause was gutted—and how SCOTUS’ early efforts to correct this have been ignored
The Constitution lists several things states may not do. Article I, Section 10 provides that “No State shall . . . pass any . . . law impairing the Obligation of Contracts.” This clause was inserted to curb state “debtor relief” laws that the Framers believed were immoral and rendered bad economic conditions worse. Founding-Era […]
