Journal Title
Journal of Law, Economics & Policy
Volume
20
Issue
2
First Page
461
Document Type
Article
Publication Information
2025
Abstract
Rights to use property are property rights. The Takings Clause of the Fifth Amendment requires governments to provide just compensation when they take property. In our constitutional republic, legislatures are competent to change the law, and legal changes sometimes alter private rights, including use rights. The Takings Clause does not forbid such legal changes. It only requires compensation for property rights taken as a result.
To give use rights the constitutional protection that the Takings Clause requires, courts need a baseline of rightful property use to show when a change in the law that adversely affects use rights amounts to a taking. This essay proposes replacing the balancing test of Penn Central Transportation Co. v. New York City with a common law baseline.
Recommended Citation
Adam J. MacLeod, A Workable Common Law Baseline for Regulatory Takings, 20 J.L. Econ. & Pol'y 461 (2025).