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Takings Conference:


On May 12 and 13 the Economics Department is sponsoring a conference on Takings - the public condemnation (eminent domain) of private property for public use. This conference is particularly relevant today in the wake of the recent, and controversial, Supreme Court decision on the right of the public agency in New London Connecticut to condemn private property for other private use. Experts from around the country will participate in the conference. Talks will cover a wide range of topics. Included among them are equity and efficiency of compensation rules, the problem of the hold out, the application of takings law to the NAFTA agreement and the potential abuse of takings privileges as witnessed in the designation of private property as wetlands. The condemnation of property for public use has implication for the environment, individual liberty, economic efficiency and community development - all of these topics will be covered during the two day conference.

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