Liberty of Contract - 2 CD Set Author:David Mayer For a brief period -- from 1897 to 1937 -- the United States Supreme Court declared that minimum-wage laws, maximum-hours laws, and housing segregation laws were unconstitutional, as were other laws that denied individuals their freedom to bargain over the terms of their own contracts. Then, as part of the "New Deal Revolution," the Supreme Cour... more »t ceased to protect liberty of contract as a fundamental constitutional right. Why did it take the Court so long to recognize this right, and why did it abandon it? Dr. Mayer answers these and other questions in this two-part lecture and shows how these rulings illustrate the fallacy that Ayn Rand identified as "context dropping."« less