Fall 2005

The Economics of Eminent Domain

The recent Supreme Court decision on takings encourages economic development leaders but worries some economists

By Doug Campbell

Web Links

Ronald Giammarino and Ed Nosal. “Loggers vs. Campers: Compensation for the Taking of Property Rights.” Federal Reserve Bank of Cleveland Working Paper 04-06, July 2004.

Samual R. Staley and John P. Blair. “Eminent Domain, Private Property, and Redevelopment: An Economic Development Analysis.” Reason Foundation Policy Study 331, February 2005.

“Eminent Domain: How to Take the Ruling.” Washington Business Journal, July 1, 2005.

Kelo v. New London, Supreme Court decision, June 23, 2005.