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The taking of prosperity? Kelo vs. New London and the economics of eminent domain

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Author Info
Thomas A. Garrett
Paul Rothstein

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Abstract

The forced sale of homes for private development usually results in a zero-sum gain and may actually hinder development in the area, economists have found.

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File URL: http://stlouisfed.org/publications/re/2007/a/pages/prosperity.html
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Publisher Info
Article provided by Federal Reserve Bank of St. Louis in its journal The Regional Economist.

Volume (Year): (2007)
Issue (Month): Jan ()
Pages: 4-9
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Handle: RePEc:fip:fedlre:y:2007:i:jan:p:4-9

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Related research
Keywords: Community development ; Economic development ; Eminent domain;

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  1. Ed Nosal, 2007. "Private takings," Working Paper 0713, Federal Reserve Bank of Cleveland. [Downloadable!]
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This page was last updated on 2009-12-8.

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