Both Horwitz (1973)and Scheiber (1975)emphasize the restraining effects of judicial formalism on U.S.economic growth in the antebellum period.

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Horwitz (1973) argues that judicial decisions in the antebellum period facilitated economic growth by adapting the law to the needs of a market economy, while Scheiber (1975) focuses on the complexity of the relationship between law and economic growth, not solely on judicial formalism's restraining effects.

Both Horwitz (1973)and Scheiber (1975)emphasize the Restraining Effects of Judicial