Surveys the contributions that economic theory has made to the often contentious debate over the government's use of its power of eminent domain, as prescribed by the Fifth Amendment. It addresses such questions as: when should the government be allowed to take private property without the owne...

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Bibliographic Details

Main Author:	Miceli, Thomas J. (Author)
Format:	Electronic eBook
Language:	English
Published:	Cambridge Cambridge University Press 2011
Subjects:	Eminent domain / United States Eminent domain / Economic aspects USA
Online Access:	BSB01 UBG01 Volltext
Summary:	Surveys the contributions that economic theory has made to the often contentious debate over the government's use of its power of eminent domain, as prescribed by the Fifth Amendment. It addresses such questions as: when should the government be allowed to take private property without the owner's consent? Does it depend on how the land will be used? Also, what amount of compensation is the landowner entitled to receive (if any)? The recent case of Kelo v. New London (2005) revitalized the debate, but it was only the latest skirmish in the ongoing struggle between advocates of strong governmental powers to acquire private property in the public interest and private property rights advocates. Written for a general audience, the book advances a coherent theory that views eminent domain within the context of the government's proper role in an economic system whose primary objective is to achieve efficient land use
Item Description:	Title from publisher's bibliographic system (viewed on 08 Oct 2015)
Physical Description:	1 online resource (xiii, 200 pages)
ISBN:	9780511793776
DOI:	10.1017/CBO9780511793776