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A CONTROVERSIAL INTERPRETATION OF THE FOUNDERS INTENTIONS. Originally published: New York: The Macmillan Company, 1925. Beard's interpretation proposes that the Framers of the Federal Constitution were motivated primarily by economic concerns. This argument was widely held until the late 1950s, when it was gradually undermined by later research, much of it stimulated by Beard's work. Although most scholars today see the origins of the revolution in terms of the history of ideas, especially republicanism, Beard s work remains fundamental and has insured a continued focus on the economic aspect of the nation s establishment, as well as a wider awareness of the role of economic interests in history.