In several key rulings since the mid-1980s, the U.S. Supreme Court has begun to reshape the contours of regulatory takings. The emerging doctrine appears to reaffirm private rights in
property
, narrow the reach of governmental regulation, and extend the scope of judicial review. Despite their "muddled" transitional nature, these developments in the regulatory takings arena are sending a clear signal to public administrators to attend more carefully to the effects of their regulatory actions on private property rights. The purpose of this article is to analyze the key issues currently at play and point to some of the potential implications for the field of public administration.