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Document Type

Article

Abstract

Eminent domain has been a government power for centuries. In most cases, eminent domain is used to provide essential public goods. Using it for the advantage of private entities is hotly debated. The 2005 U.S. Supreme Court decision in Kelo vs. New London allowed the use of eminent domain for privately driven endeavors. By examining the holdout problem, compensation and the effects of the Kelo case, national reform is determined as the best solution to private/public ventures using eminent domain.

Publication Date

Spring 2007

Journal Title

Major Themes in Economics

Volume

9

Issue

1

First Page

74

Last Page

93

Copyright

©2007 by Major Themes in Economics

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Language

EN

File Format

application/pdf

Included in

Economics Commons

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