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

Author

Listed:
  • Thomas A. Garrett
  • Paul Rothstein

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.

Suggested Citation

  • Thomas A. Garrett & Paul Rothstein, 2007. "The taking of prosperity? Kelo vs. New London and the economics of eminent domain," The Regional Economist, Federal Reserve Bank of St. Louis, issue Jan, pages 4-9.
    • Handle: RePEc:fip:fedlre:y:2007:i:jan:p:4-9
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    File URL: https://www.stlouisfed.org/publications/regional-economist/january-2007/the-taking-of-prosperity-emkelo-vs-new-londonem-and-the-economics-of-eminent-domain
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    Citations

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    Cited by:

    1. Alessandro Marchesiani & Ed Nosal, 2017. "Private takings," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 19(3), pages 639-657, June.
    2. Paul F. Byrne, 2017. "Have Post-Kelo Restrictions on Eminent Domain Influenced State Economic Development?," Economic Development Quarterly, , vol. 31(1), pages 81-91, February.

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