The economic theory of eminent domain [electronic resource] : private property, public use / Thomas J. Miceli.
Miceli, Thomas J.
2011
KF5599 .M45 2011eb
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Title The economic theory of eminent domain [electronic resource] : private property, public use / Thomas J. Miceli.
Author Miceli, Thomas J.
ISBN 9781139091220 (electronic bk.)
9780521182973 (pbk.)
9781107005259
Imprint Cambridge ; New York : Cambridge University Press, c2011.
Language English
Description 1 online resource (xiii, 200 p.) : ill.
Call Number KF5599 .M45 2011eb
Dewey Decimal Classification 343.73/0252
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.
Bibliography, etc. Note Includes bibliographical references and index.
Access Note Access limited to authorized users.
Source of Description Description based on print version record.
Available in Other Form Economic theory of eminent domain.
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Introduction. A framework for analysis
Public use
Just compensation
Land use incentives
Regulatory takings
Conclusion. What does economic theory teach us about eminent domain?

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