July 26, 2007

Big Box Takings

By Big Box Takings

Volokh Conspiracy blogger Ilya Somin has an important post here about the increasing use of eminent doamin to transfer land to companies like Wal-Mart and Costco to construct stores:

they very likely cause more economic harm than benefit, as I have argued in great detail here and here. In addition, they tend to victimize poor and lower-middle class interests for the benefit of politically powerful developers and corporations such as Costco and its rivals.

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