[PDF.15or] Progress and Property Rights: From the Greeks to Magna Carta to the Constitution

Progress and Property Rights: From the Greeks to Magna Carta to the Constitution

[PDF.nm38] Progress and Property Rights: From the Greeks to Magna Carta to the Constitution

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 | #3866953 in Books |  2009-11-17 | Original language:English | PDF # 1 | File type: PDF | 110 pages

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|| |This book should be required reading for lawyers and economists and those who wish to understand the importance of property rights in our economic system. --Ronnie Phillips, Professor of Economics, Colorado State University|About t

In 2005, the U.S. Supreme Court ruled that, under the Fifth Amendment s takings clause, a municipality may seize land from one private owner and transfer it to another solely to promote economic development. The 5-4 decision in the famed Kelo v. New London ruling set off a firestorm of criticism.

Prior to Kelo, just eight states had laws limiting or prohibiting the use of eminent domain for economic development. Today, 43 states have such laws.

New York State isn...

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