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In page Charles A. Beard:

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Beard's economic determinism was largely replaced by the intellectual history approach, which stressed the power of ideas, especially republicanism, in stimulating the Revolution.[7] However, the legacy of examining the economic interests of American historical actors can still be found in the 21st century. Recently, in To Form a More Perfect Union: A New Economic Interpretation of the United States Constitution (2003), Robert A. McGuire, relying on a sophisticated statistical analysis, argues that Beard's basic thesis regarding the impact of economic interests in the making of the Constitution is not off the mark.[8]