The American Law on "takings" is a Frankinsteinian abortion of distorted thinking that is spreading its tentacles beyond the US into other countries by the extraterritoriality of US law. The idea that property rights extends to the incorporation of expected profits in perpetuity is a US phantamasma born only in the minds of US perverted judges appointed by special interest property rights owners. It has little (actually no) basis in historic economic thought and the thought that the US could unilitaterally impose this stupid interpretation of property law not only on its close economic partners, such as Canada, but on the world, is obscene. That of course, does not suggest that the US will not inflict its obscene ideology on the rest of us. So what do we do? say?
Paul Phillips, Economics, University of Manitoba Date sent: Wed, 24 Apr 2002 18:59:30 -0700 From: Michael Perelman <[EMAIL PROTECTED]> To: [EMAIL PROTECTED] Subject: [PEN-L:25386] Re: Regional planning and property rights Send reply to: [EMAIL PROTECTED] > Is a law saying that I cannot grow marijuana on my land a taking? > -- > Michael Perelman > Economics Department > California State University > Chico, CA 95929 > > Tel. 530-898-5321 > E-Mail [EMAIL PROTECTED] >
