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Natural Property Rights

Cato Event Podcast

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The Importance of Eminent Domain in Economic Development

The Catholic Church has been supportive of eminent domain in the past, says David Frum. He argues that Catholics would split on whether it's OK to use force pooling for economic development. In practice, he says, land is put to many different heterogeneous uses by developers and owners. "Eminent domain does not give people benefits like the benefits you get from the royalties,"Frum says.

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