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Economics/Finances 12 Month Loans
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Economics/Finances Joel Blau - Illusions of Prosperity: America's Working Families in an Age of Economic Insecurity
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Economics/Finances Macroeconomics: Principles and Applications, Reprint
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Economics/Finances Организация деятельности центрального банка
Economics/Finances Курс экономической теории
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Economics/Finances Aggressive Nationalism: McCulloch v. Maryland and the Foundation of Federal Authority in the Young Republic
Posted on 2010-03-16
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More Aggressive Nationalism: McCulloch v. Maryland and the Foundation of Federal Authority in the Young Republic McCulloch v. Maryland (1819) has long been recognized to be one of the most significant decisions ever handed down by the United States Supreme Court. Indeed, many scholars have argued it is the greatest opinion handed down by the greatest Chief Justice, in which he declared the act creating the Second Bank of the United States constitutional and Maryland’s attempt to tax it unconstitutional. Although it is now recognized as the foundational statement for a strong and active federal government, the immediate impact of the ruling was short-lived and widely criticized. Placing the decision and the public reaction to it in their proper historical context, Richard E. Ellis finds that Maryland, though unopposed to the Bank, helped to bring the case before the Court and a sympathetic Chief Justice, who worked behind the scenes to save the embattled institution. Almost all treatments of the case consider it solely from Marshall’s perspective, yet a careful examination reveals other, even more important issues that the Chief Justice chose to ignore. Ellis demonstrates that the points which mattered most to the States were not treated by the Court’s decision: the private, profit-making nature of the Second Bank, its left to establish branches wherever it wanted with immunity from state taxation, and the left of the States to tax the Bank simply for revenue purposes. To thank me use this links! If you can't, use this link!
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