Guide to Regulatory Reform: The Compensation for Takings Rule

Brief Analyses | Regulations

No. 152
Thursday, February 16, 1995
by Kent Jeffreys

The "takings clause" of the Fifth Amendment is unequivocal: "...nor shall private property be taken for public use without just compensation." Unfortunately, this component of our Bill of Rights is regularly ignored by government - especially by environmental regulators who effectively condemn and take private property without paying for it.

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