Economic Quote by Jim Ryun
“In a polling conducted by the Wall Street Journal, 11 out of 12 Americans said they oppose the taking of private property, even if it is for public economic good.”
About This Quote
Source Survey Report: Wall Street Journal Poll, 2023
Most Americans oppose taking private property even for public economic benefit, reflecting strong property rights sentiment.
In simple terms: People dislike losing property, even for public good.
Key Takeaway
Respect private property rights in policy.
Themes
economics
public policy
property rights
public opinion
Mood
skeptical
concerned
Type
policy
public discourse
When to use this quote
- urban development
- infrastructure projects
- tax policy
- public utilities
Key Concepts
utilitarianism
rights theory
collective vs individual benefit
Questions to Reflect On
- How should governments justify eminent domain?
- What alternatives protect both public good and private rights?
A Different Perspective
Balancing public need with individual rights is complex.
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