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In Economic Liberties and the Constitution Siegan explores the moral position behind capitalism and discusses why former communist countries flirting with decentralization and a free market (for instance, China, Cambodia, Vietnam, and Laos) have become more progressive and prosperous as a result. He contrasts the benefits of a free, deregulated economy with the dangers of over-regulation and moves towards socialized welfare most specifically as happened during Franklin Roosevelt's presidency. Supporting his thesis with historical court cases, Siegan discusses the past and present status of economic liberties under the Constitution, clarifies constitutional interpretation and due process, and suggests ways of safeguarding economic liberties.

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Originally published in 1980, the first edition of this work provided a timely reminder in the midst of the development of the Great Society of the legal and economic case for limited government. In this updated edition, Siegan (Univ. of San Diego School of Law) primarily extends the legal history of government regulation of and intervention in market transactions, up to and including the Kelo v. New London eminent domain case. Siegan's point is clear: the framers of the US Constitution specifically limited the economic role of government for good reason; unfortunately, since the New Deal, the US government has been allowed an almost unlimited role, to the detriment of citizens. A variety of comparative materials regarding liberty and economic prosperity in other countries is also included. The book provides significant case-related material for undergraduate and law school students looking to examine the relationship between economic freedom and the law. ^BSumming Up: Recommended. General, undergraduate, and professional audiences. R. B. Emmett James Madison College, Michigan State University