Hoeber, Ralph C.2023-05-082023-05-081923-06-11https://hdl.handle.net/1794/28278135 pagesThere are at least three theories of the origin of the term “blue sky” movement. One theory holds that the movement was so christened because it “designed to clear away the clouds and fogs from the simple investor’s horizon”; according to another theory the origin of the term lies in the attempt to curb operators whose promises are “as limitless as the blue sky”; a third theory believes that the term alludes to the fact that the blue sky movement aims to stop the swindling operations of promoters who offer as security nothing but the blue sky above. However valuable and promising the blue sky is to mankind, it has no economic value to the individual. Which account the reader prefers to accept is, of course, immaterial; only let him beware of confusing the term “blue sky law” with the so-called “blue laws”, as the latter have for their purpose the observance of the Sabbath by business houses. If the metaphor “blue sky movement” is neither accurate nor scientific, it at least is picturesque and suggestive. Just what it suggests, and what it involves, will be the subject of this thesis.enCreative Commons BY-NC-ND 4.0-USconstitutionalityblue sky lawsThesis / Dissertation