Hidden Economic News Today

The authors of a study to be published Monday, May 22, took a deep dive into the economic and environmental value of community recycling efforts and compared it to the value of other climate change mitigation practices, concluding it provides a return on investment.

Many state and federal statutes provide that when property is used in certain prohibited ways, ownership of the property passes to the government. Often, the statutes allow these forfeitures to be declared in civil proceedings against the property itself, without the normal safeguards of the criminal process. Indeed, if no one claims the property after proper notice, the government’s assertion of ownership can become incontestable without any judicial proceedings at all. Statutes authori...