Introducing the Moral Foundations of Private Enterprise in Undergraduate Business Law and Ethics Courses Using Kelo v. City of New London

Posted: 19 Nov 2014

Date Written: October 1, 2014

Abstract

In its 2005 decision in Kelo v. City of New London, the Supreme Court of the United States upheld the use of eminent domain to take private property for the use of other private entities so long as the taking is designed to confer some public benefit. This paper discusses how Kelo can be used in undergraduate business law and ethics courses to introduce students to the moral foundations of and justifications for the private enterprise system. The case presents a unique opportunity to correct several fundamental misconceptions that many undergraduate students bring to the classroom about the nature of capitalism and business in general.

Keywords: economics education, Kelo v. City of New London, eminent domain

JEL Classification: A22, K11

Suggested Citation

Dove, Laura, Introducing the Moral Foundations of Private Enterprise in Undergraduate Business Law and Ethics Courses Using Kelo v. City of New London (October 1, 2014). Available at SSRN: https://ssrn.com/abstract=2526262 or http://dx.doi.org/10.2139/ssrn.2526262

Laura Dove (Contact Author)

Troy University ( email )

Troy, AL
United States

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