Was this a just result under nozicks view of property right

Assignment Help Other Subject

Reference no: EM13295793

In 1962, the Atlantic Cement Company began operating a cement plant outside of Albany, New York. The company employed over 300 local residents, and by 1970, had invested $45 million in the plant. The plant emitted large amounts of pollution, however, and caused constant vibrations and loud noises. Local residents filed suit against the company, claiming that the loud noises and the vibrations were harming their health and properties. The suit asked that the court issue an injunction that would close down the plant until the pollution and vibrations could be eliminated. The company was already using the best available technology, which meant that the suit was asking that the plant be closed down indefinitely. The court refused to issue the injunction, reasoning that the costs of closing the plant outweighed the benefits to be gained by the residents. Instead of closing the plant, the court ruled that the cement company should pay residents a one-time fee to compensate them for ongoing harms. This fee was calculated to be a fair market price for what the residents would receive if they were inclined and able to rent their property.

Define justice.

Was this a just result under Nozick's view of property rights?

Reference no: EM13295793

Questions Cloud

Under the digital millennium act : Under the Digital Millennium Act, online service providers, such as universities, can avoid liability if they take certain steps specified in the Act. These include cases when the university has been informed of an infringement, shutting off access t..

Explain the required cstr volume : Determine the required CSTR volume, V (in gallons), and hydraulic residence time, in V/Q (hours), to comply with the current industrial pretreatment permit limitation for phenol

Use kupiec two-tailed test : Suppose that we back-test a VaR model using 1,000 days of data. The VaR confidence level is 99% and we observe 15 exceptions. Should we reject the model at 5% confidence level. Use Kupiec's two-tailed test.

Write an expression for the position of the mass : A mass of 0.25 kg is attached to a horizontal spring with a spring constant of 4.0 N/m. Write an expression for the position of the mass as a function of time

Was this a just result under nozicks view of property right : In 1962, the Atlantic Cement Company began operating a cement plant outside of Albany, New York. The company employed over 300 local residents, and by 1970, had invested $45 million in the plant. The plant emitted large amounts of pollution, however,..

An expert panelist at the next society for human resource : Assume that you have been selected as an expert panelist at the next Society for Human Resource Management seminar to discuss the future of federal employees. Discuss at least two points that you would address in your speech regarding their fut..

Explain what will the final temperature of the hg be : Between 0 degrees Celsius and and 30 degrees Celsius, mercury has a specific heat of 0.138 J/g*C. If 200 J of heat are removed from 100 g of Hg at 20 degrees Celsius, what will the final temperature of the Hg be

Health care workers to model mental-physical and spiritual : How realistic is it to expect health care workers to model mental, physical, and spiritual health? If Americans tend to be overweight, underactive workaholics who experience burnout, why should health care workers be any different?

User Account

All Pages