POLI/ECON: 19thC soot and takings

The Low Willow (phoenix@ugcs.caltech.edu)
Wed, 1 Jan 1997 20:40:37 -0800 (PST)

On Jan 1, 9:14pm, Michael Lorrey wrote:

} onto their crops, and some sued, claiming an unconstitutional "taking".
} The court at that time ruled that while the pollution damage WAS a
} taking, the positive economic benefits of industrialization outweighed
} the damage incurred.

Do you have a source? This could go under the "tragic turning points of
history". Granting compensation for the soot-takings would have been
exactly the kind of market incentives we're still working for today.

Merry part,
-xx- Damien R. Sullivan X-) <*> http://www.ugcs.caltech.edu/~phoenix

"Bastards or not, the U.S.A. would at least give my children passports."
-- Freeman Dyson, _Disturbing the Universe_