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Intellectual Property

The guarantee of property rights give people the incentive to invest, innovate, or preserve their property. The government’s role remains the arbiter and guarantor of contracts and property rights within the legal system.

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Richard A. Epstein

Peter and Kirsten Bedford Senior Fellow
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Richard Epstein Hoover Headshot

Richard A. Epstein

Peter and Kirsten Bedford Senior Fellow

Richard A. Epstein, the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution, is the Laurence A. Tisch Professor of Law, New York University Law School, and a senior lecturer at the University of Chicago. In 2011, Epstein was a recipient of the Bradley Prize for outstanding achievement. In 2005, the College of William & Mary School of Law awarded him the Brigham-Kanner Property Rights Prize. Epstein researches and writes in a broad range of constitutional, economic, historical, and philosophical subjects. He has taught administrative law, antitrust law, communications law, constitutional law, corporation criminal law, employment discrimination law, environmental law, food and drug law, health law, labor law, Roman law, real estate development and finance, and individual and corporate taxation. He edited the Journal of Legal Studies (1981–91) and the Journal of Law and Economics (1991–2001). Epstein’s most recent publication is The Classical Liberal Constitution: The Uncertain Quest for Limited Government (2014). Other books include Design for Liberty: Private Property, Public Administration, and the Rule of Law (2011); The Case against the Employee Free Choice Act (Hoover Institution Press, 2009); Supreme Neglect: How to Revive the Constitutional Protection for Private Property (2008); How the Progressives Rewrote the Constitution (2006); Overdose (2006); and Free Markets under Siege: Cartels, Politics, and Social Welfare (Hoover Institution Press, 2005). He received a BA degree in philosophy summa cum laude from Columbia in 1964; a BA degree in law with first-class honors from Oxford University in 1966; and an LLB degree cum laude, from the Yale Law School in 1968. Upon graduation he joined the faculty at the University of Southern California, where he taught until 1972. In 1972, he visited the University of Chicago and became a regular member of the faculty the following year. He has been a senior fellow at the MacLean Center for Clinical Medical Ethics since 1984 and was elected a fellow of the American Academy of Arts and Sciences in 1985. He has been a Hoover fellow since 2000.

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Stephen Haber

Peter and Helen Bing Senior Fellow
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Stephen Haber

Peter and Helen Bing Senior Fellow

Stephen Haber is the Peter and Helen Bing Senior Fellow at the Hoover Institution and the A.A. and Jeanne Welch Milligan Professor in the School of Humanities and Sciences at Stanford University. In addition, he is a professor of political science, professor of history, and professor of economics (by courtesy), as well as a senior fellow at the Stanford Institute for Economic Policy Research. Haber has spent his academic life investigating the political institutions and economic policies that delay innovation and improvements in living standards. His current research focuses on three areas: the impact of climate and geography on economic and political development; the comparative development of financial systems; and the regulatory conditions governing patent systems that promote sustained technological progress and economic growth. He currently is codirector of the Hoover Working Group on the Foundations of Long-Run Prosperity. Haber’s most recent books include Fragile by Design (Princeton University Press), coauthored with Charles Calomiris, which examines how governments and industry incumbents often craft banking regulatory policies in ways that stifle competition and increase systemic risk. The Battle Over Patents (Oxford University Press), edited with Naomi Lamoreaux, is a volume that documents the development of US-style patent systems and the fights that have shaped them. From 1995 to 1998, Haber served as associate dean for the social sciences and director of Graduate Studies of Stanford’s School of Humanities and Sciences. He is among Stanford’s most distinguished teachers, having been awarded every teaching prize Stanford has to offer.

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