Under North Carolina’s Map Act, which tightly restricted construction or development in designated transportation corridors, state officials could delay acting on a building permit request by up to 1,095 days. The law, which was repealed in 2016, offers a case study of how the weakening of property rights leads to unintended consequences.
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Craig J. Richardson is the BB&T Distinguished Professor of Economics in the Department of Economics and Finance at Winston-Salem State University.
| Other Independent Review articles by Craig J. Richardson | |
| Spring 2024 | Challenges in Classical Liberalism: Debating the Policies of Today versus Tomorrow |
