Richard A. Epstein

Peter and Kirsten Bedford Senior Fellow
Awards and Honors:
American Academy of Arts and Sciences
Biography: 

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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Recent Commentary

Gender Equality?

Epstein on the John Batchelor Show: “this is an intrusive program designed on an elusive statistic”

by Richard A. Epsteinvia John Batchelor Show
Thursday, April 24, 2014

Hoover senior fellow Richard Epstein discusses equal pay on the John Batchelor Show. Topics include President Obama’s policy objectives, defining “same profession,” and the effect of gender roles on income differences.

Hoover launches “The Libertarian” podcast

Is the ObamaCare Debate Over?

by Richard A. Epsteinvia Defining Ideas
Tuesday, April 22, 2014

Richard Epstein argues that ObamaCare’s enrollment surge can’t mask the program’s deeper problems.

Analysis and Commentary

Obamacare: Debate Over?

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, April 22, 2014

Where the Falsehoods Roam

by Richard A. Epsteinvia Hoover Digest
Monday, April 21, 2014

Where do failed economic policies come from? The president recently delivered a speech representing Exhibit A.

The Libertarian: Audio

Obamacare: Debate Over?

by Richard A. Epsteinvia The Libertarian
Monday, April 21, 2014

High enrollments offer no assurance that this plan will work.

Hoover launches “The Libertarian” podcast

Equal Pay, Discrimination, and Free Markets

by Richard A. Epsteinvia Defining Ideas
Wednesday, April 16, 2014

Richard Epstein rebuts President Obama’s recent claims that women are the victims of pervasive wage discrimination in the American economy.

Analysis and Commentary

The Many Problems With "Equal Pay"

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, April 15, 2014
Gender Equality?

The Many Problems With "Equal Pay"

by Richard A. Epsteinvia The Libertarian
Monday, April 14, 2014

The market, not the President, should determine how much women earn.

Hoover launches “The Libertarian” podcast

The Supreme Court, Campaign Finance, and Free Speech

by Richard A. Epsteinvia Defining Ideas
Thursday, April 10, 2014

Richard Epstein looks at the recent Supreme Court ruling on campaign finance and explains how a classical liberal should approach issues regarding political speech.

Analysis and Commentary

"Oligarchs United"? Not So Fast.

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, April 8, 2014

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