What is the name of Germany 's constitutional document which was made in 1949 ?
Constitutional economics draws substantial inspiration from the reformist attitude which is characteristic of Adam Smith ’s vision , and that Buchanan ’s concept can be considered the modern - day counterpart to what Smith called “ the science of legislation . ” Concurrently with the rise of academic research in the field of constitutional economics in the U.S. in the 1980s , the Supreme Court of India for almost a decade had been encouraging public interest litigation on behalf of the poor and oppressed by using a very broad interpretation of several articles of the Indian Constitution .