American Supranational Law
The Articles of Confederation, formally the Articles of Confederation and Perpetual Union, was the first supranational agreement where 13 sovereign states were unified in a common government, which later became the United States of America. The central government proved too weak to manage the growing economy as the sovereign states incurred national debts and independently managed their national currencies without central coordination. The supranational government was terminated and the sovereign states were united into a unified nation by the United States Constitution in 1785.
Read more about this topic: Supranational Law
Famous quotes containing the words american and/or law:
“Those who sit in a glass house do wrong to throw stones about them; besides, the American glass house is rather thin, it will break easily, and the interior is anything but a gainly sight.”
—Emma Goldman (1869–1940)
“The greatest step forward would be to see that everything factual is already theory. The blueness of the sky reveals the basic law of chromatics. Don’t look for anything behind the phenomena, they themselves are the doctrine.”
—Johann Wolfgang Von Goethe (1749–1832)