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Preface

Published online by Cambridge University Press:  05 June 2012

Thomas J. Miceli
Affiliation:
University of Connecticut
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Summary

The Fifth Amendment of the U.S. Constitution gives the government the power to take private property for public use as long as it pays the owner just compensation. Though never popular, the government's exercise of this power for the purpose of constructing highways, hospitals, or other truly public projects is generally unquestioned. The recent case of Kelo v. New London (2005), however, pushed the limits of what constitutes an acceptable public use. In that case, the city sought to use eminent domain to acquire several private residences and small businesses in order to clear the way for a redevelopment project whose primary beneficiary was a large pharmaceutical company. In a 5–4 decision, the U.S. Supreme Court nevertheless upheld the city's right to take the property based on the enhanced tax revenues and new jobs that the project promised. The public outcry against this decision, and its apparent expansion of the government's power over private property, was loud and immediate, and was soon followed by political efforts in many states to curb the perceived abuse of eminent domain.

The Kelo case and its aftermath, however, was only the latest skirmish in the ongoing debate about the limits of eminent domain, pitting proponents of strong governmental powers to acquire or regulate property in the public interest on one side against private property rights advocates on the other.

Type
Chapter
Information
The Economic Theory of Eminent Domain
Private Property, Public Use
, pp. xi - xiv
Publisher: Cambridge University Press
Print publication year: 2011

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  • Preface
  • Thomas J. Miceli, University of Connecticut
  • Book: The Economic Theory of Eminent Domain
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511793776.001
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  • Preface
  • Thomas J. Miceli, University of Connecticut
  • Book: The Economic Theory of Eminent Domain
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511793776.001
Available formats
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Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Preface
  • Thomas J. Miceli, University of Connecticut
  • Book: The Economic Theory of Eminent Domain
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511793776.001
Available formats
×