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

US Money Ladder

“Oligarchs United“? Not So Fast.

by Richard A. Epsteinvia The Libertarian
Monday, April 7, 2014

Weak property rights, not large campaign contributions, are undermining our political order.

Hoover launches “The Libertarian” podcast

The NLRB, Unions, and College Football

by Richard A. Epsteinvia Defining Ideas
Wednesday, April 2, 2014

Richard Epstein dissects the recent NLRB decision allowing college football players to form labor unions.

Analysis and Commentary

Beware of Patent Reformers

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Monday, March 31, 2014

March 31, 2014

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Beware of Patent Reformers

by Richard A. Epsteinvia The Libertarian
Monday, March 31, 2014

In Alice Corporation, the Supreme Court should protect software and business method innovations.

Hoover launches “The Libertarian” podcast

Hobby Lobby, Obamacare, and Religious Liberty

by Richard A. Epsteinvia Defining Ideas
Thursday, March 27, 2014

Richard Epstein examines the points made during oral arguments to the Supreme Court advocating Hobby Lobby’s challenge to Obamacare’s contraception mandate.

Analysis and Commentary

The Wrong Way to Combat Poaching

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, March 25, 2014

March 24, 2014

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The Wrong Way to Combat Poaching

by Richard A. Epsteinvia The Libertarian
Monday, March 24, 2014

A new regulation banning the trade of ivory unleashes unintended consequences.

Hoover launches “The Libertarian” podcast

Understanding Property Rights

by Richard A. Epsteinvia Defining Ideas
Wednesday, March 19, 2014

Richard Epstein discusses the historical background behind the US system of private property rights and how it’s endangered by modern legal developments.

Analysis and Commentary

California Snubs Free Trade

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, March 18, 2014

March 17, 2014

California Snubs Free Trade

by Richard A. Epsteinvia Defining Ideas
Monday, March 17, 2014

The state’s new carbon regulations could wreak havoc on interstate commerce.

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