270 Pages 1 B/W Illustrations
    by Routledge

    270 Pages 1 B/W Illustrations
    by Routledge

    This interdisciplinary collection examines the significance of constitutions in setting the terms and conditions upon which market economies operate.

    With some important exceptions, most notably from the tradition of Latin American constitutionalism, scholarship on constitutional law has paid negligible attention to questions of how constitutions relate to economic phenomena. A considerable body of literature has debated the due limits of the exercise of executive and legislative power, and discussions about legitimacy, democracy, and the adjudication of rights (civil and political, and socioeconomic) abound, yet scant attention has been paid by constitutional lawyers to the ways in which constitutions may protect and empower economic actors, and to how constitutions might influence the regulation and governance of specific markets. The contributors to this collection mobilize insights from other disciplines – including economic theory, history, and sociology – and consider the relationship between constitutional frameworks and bodies of law – including property law, criminal law, tax law, financial regulation, and human rights law – to advance understanding of how constitutions relate to markets and to the political economy.

    This book’s analysis of the role constitutions play in shaping markets will appeal to scholars and students in law, economics, history, politics, and sociology.


    Anna Chadwick, Eleonora Lozano, Andrés Palacios Lleras, Javier Solana

    Part 1 – The Constitutional Embeddedness of Markets 

    1. The Constitutional Disembeddedness of Markets

    Anna Chadwick 

    2. Law of Nature, Law of Man: Economic Theories of Constitutions and the Normative Question

    Beniamino Callegari

    Part 2 – Markets, Constitutions, and Inequality: Legal Regimes

    3. The Law and Political Economy of Health Care in the United States

    Ximena Benavides

    4. Fiscal Sustainability and its Jurisprudential Evolution: the Fraight Dialogue Between the Economy and the Law

    Eleonora Lozano Rodriguez

    5. The Paradoxes of a Progressive Constitution and Neoliberal Food Regime

    Ramón Fogel, Roni Paredes & Sintya Valdez

    6. Protecting Property: Crime Control and Constitutional Organisation of Neoliberal Governance in Colombia

    Esteban Isaza, Julio C. Montañez & Fernando León Tamayo Arboleda

    7. Market Efficiency as a Directive Principle of EU Monetary Policy

    Javier Solana

    8. Rethinking the Historic Models of the Role of Constitutions in Shaping Patterns of Inequality: Iberian Constitutionalism, Common Property, and Colonialism

    Julia McClure

    9. The Three Globalizations of Law and the Constitutional Protection of Property Rights Over Land in Colombia and China

    Jorge Andrés Contreras Calderón

    10. Private Property, Popular Sovereignty, and the Constitutional Foundations of Economic Regulation in the Americas 

    Andrés Palacios Lleras

    11. Multinationals, Inequality, and a Competition Law Response: Lessons from the East India Company

    Amber Darr

    Afterword: Markets, Constitutions, and Inequality in the 21st Century

    Andrés Palacios Lleras


    Anna Chadwick is Lecturer in International Law and Legal Theory at the University of Glasgow, UK.

    Eleonora Lozano-Rodríguez is the current Dean of the Law School at Universidad de los Andes in Bogotá, Colombia.

    Andrés Palacios-Lleras is Principal Professor of Law at the Faculty of Jurisprudence of the Universidad Del Rosario, Colombia.

    Javier Solana is Senior Lecturer in Commercial Law at the University of Glasgow, UK.