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- W3124160624 abstract "The Supreme Court’s controversial decision in Kelo v. City of New London upheld the condemnation of private property for purposes of economic development. This Article argues that Kelo was wrongly decided and that courts should forbid economic development takings. Part I analyzes the flaws of economic development takings generally. Such condemnations allow politically powerful interest groups to capture the condemnation process for the purpose of enriching themselves at the expense of the poor and politically weak. This Part also shows that the need to eliminate holdout problems that could block desirable assembly projects cannot justify permitting economic development takings. In most cases, private developers can prevent holdouts by such noncoercive methods as assembling property in secret and adopting precommitment strategies that prevent holdouts from using their bargaining power. Part II considers the major alternatives to a categorical ban. While these proposals are not without merit, none can preve..." @default.
- W3124160624 created "2021-02-01" @default.
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- W3124160624 date "2007-02-01" @default.
- W3124160624 modified "2023-09-26" @default.
- W3124160624 title "Controlling the Grasping Hand: Economic Development Takings afterKelo" @default.
- W3124160624 doi "https://doi.org/10.1086/656031" @default.
- W3124160624 hasPublicationYear "2007" @default.
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