Even the obvious needs defenders.
It is obvious that private property rights are vitally important. It is obvious that markets in property encourage development where development is desired. It is just as obvious that a lot of the progress that has happened in America over its two hundred year-plus history can be accounted to the very fact that we’ve had private property rights.
But, it is also obvious that one can become wealthy by theft, especially if the government is on your side. In localities all across the land, governments take land from some and give it to others. To “develop.â€
And it’s not a socialistic scheme concocted by crackpot utopians. It flows right out of the eminent domain clause of the Constitution — as an abuse.
And it has its defenders. They say that, without using eminent domain to engage in big development projects, cities would die.
Nonsense. Right? Yes. And, if real-world logic can’t convince you of the obvious, consult real-world data. A study done by the Institute for Justice — a report called “Doomsday? No Way: Economic Trends and Post-Kelo Eminent Domain Reform†— shows clear evidence that development occurs rather naturally when private property rights are consistently defended. The study compared states with and without such eminent domain abuses.
And it defended the obvious. Freedom is better than theft.
This is Common Sense. I’m Paul Jacob.