Re: Eminent Domain Abuse

ruetheday_at_outgun.com
Date: 03/03/05 

Date: 3 Mar 2005 04:07:42 -0800

>Speaking of nonsense, why is a finite commodity not subject to the
>laws of supply and demand? There are limited broadcast bands for
>radio and television. There is a finite amount of natural resources.

>What, exactly, is the issue here?

Roy's explanation about land applies equally to natural resources and
broadcast spectrum. The owners of each receive an economic rent that
represents a deadweight loss to society.