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

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Epstein on the John Batchelor Show: “if you trust the government, it will abuse your trust”

by Richard A. Epsteinvia John Batchelor Show
Friday, November 15, 2013

Hoover senior fellow Richard Epstein discusses the administrative state on the John Batchelor Show. Topics include the lawsuits over the conservatorship of Fannie Mae and Freddie Mac and the collapse of the management of the Affordable Care Act.

Analysis and Commentary

An Unconstitutional Bonanza

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, November 12, 2013

November 11, 2013

An Unconstitutional Bonanza

by Richard A. Epsteinvia Defining Ideas
Monday, November 11, 2013

The government has seized billions of dollars from Fannie and Freddie’s private shareholders.

Hoover launches “The Libertarian” podcast

The Collapse of Obamacare

by Richard A. Epsteinvia Defining Ideas
Wednesday, November 6, 2013

Richard Epstein analyzes the factors causing Obamacare's catastrophic failings.

Analysis and Commentary

Obamacare’s Moral Blindness

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, November 5, 2013

November 4, 2013

Obamacare’s Moral Blindness

by Richard A. Epsteinvia Defining Ideas
Monday, November 4, 2013

What awaits the millions of people who will be dumped from their insurance in two short months?

Hoover launches “The Libertarian” podcast

In Defense of JPMorgan

by Richard A. Epsteinvia Defining Ideas
Thursday, October 31, 2013

Richard Epstein looks at JPMorgan Chase’s difficulties with the FHFA and the Justice Department.

Analysis and Commentary

In Defense of JP Morgan

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, October 29, 2013

October 29, 2013

In Defense of JP Morgan

by Richard A. Epsteinvia Defining Ideas
Tuesday, October 29, 2013

The Obamacare rollout is not the only mess the federal government is making.

Hoover launches “The Libertarian” podcast

Political Correctness, Intellectual Property, and the Washington Redskins

by Richard A. Epsteinvia Defining Ideas
Wednesday, October 23, 2013

Richard Epstein analyzes the legal challenge to the name of the Washington Redskins and whether the team should opt for a new moniker.

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