|Poli Sci Teaching Assistant|
|From Chapter: Economic Substantive Due Process|
What did the Supreme Court hold in Allgeyer v. Louisiana (1897)?
|The Court struck down a Louisiana insurance industry regulation on grounds that it violated an individual's "liberty to contract" with an out-of-state business. This was the first case in which the Supreme Court interpreted the word liberty in the Due Process Clause of the Fourteenth Amendment to mean economic liberty.|