State-Issued Currency and the Ratification of the U.S. Consitution
研究了美国各州立法机构为何在批准宪法时放弃发行纸币的权力，发现各州对纸币的不同态度引发了对联盟存续的担忧，最终导致宪法禁止州发行纸币。
Paper money, a major component of the colonial money supply, was critical to the economic policies of the colonial legislatures. Why did the state legislatures relinquish the power to issue money to the new federal government through the ratification of the Constitution? Hostility between states with radically different philosophies regarding paper money raised concerns about the viability of the union, and it was this fear which led to the clause in the Federal Constitution that prohibited state paper money issues.