Personalty interests at the Constitutional Convention: new tests of the Beard thesis
Jac Heckelman and
Keith L. Dougherty ()
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Keith L. Dougherty: Department of Political Science, Baldwin Hall, University of Georgia, Athens, GA 30602, USA
Cliometrica, Journal of Historical Economics and Econometric History, 2010, vol. 4, issue 2, 207-228
Abstract:
Charles Beard ([1913] 2004) argued that the U.S. Constitution was created to advance the interests of people who owned personalty, particularly those at the Constitutional Convention. Because delegate votes on individual clauses at the Constitutional Convention were not publicly recorded, prior empirical analyses have been limited to inferred votes on a specific set of unrelated clauses. We extend this inquiry by inferring votes related to currency and debt issues which Beard put forth as the prime issues for those who owned personalty. Our analysis on these votes generates little support for a narrow version of the Beard thesis, which states that all personalty groups voted in a unified coalition at the Convention and supported the Constitution. Our analysis provides some support, however, for a broader interpretation that personalty and realty interests affected delegate voting behavior at the margin.
Keywords: US Constitution; Constitutional Convention; Money creation; Debt; Fiscal federalism (search for similar items in EconPapers)
JEL-codes: D7 H1 H4 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:afc:cliome:v:4:y:2010:i:2:p:207-228
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