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

Hoover launches “The Libertarian” podcast

The Government Shutdown and the Debt Ceiling

by Richard A. Epsteinvia Defining Ideas
Tuesday, October 8, 2013

Richard Epstein looks at the recent shutdown of the federal government and the prospects for reaching agreement on the debt ceiling.

Unions Take High Culture Hostage

by Richard A. Epsteinvia Defining Ideas
Tuesday, October 8, 2013

Carnegie Hall is symbolic of how our current system of labor law can destroy our civic institutions.

Analysis and Commentary

Unions Take High Culture Hostage

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, October 8, 2013
 
Analysis and Commentary

Government Overreach Threatens Lives

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, October 1, 2013
 

Government Overreach Threatens Lives

by Richard A. Epsteinvia Defining Ideas
Tuesday, October 1, 2013

Will the FDA shut down vital stem-cell treatments?

Analysis and Commentary

Dodd-Frank Strikes Again

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, September 24, 2013
 

Dodd-Frank Strikes Again

by Richard A. Epsteinvia Defining Ideas
Tuesday, September 24, 2013

New regulations on CEO compensation disclosure are both costly and inane.

Hoover launches “The Libertarian” podcast

Larry Summers and the Search for a Fed Chairman

by Richard A. Epsteinvia Defining Ideas
Thursday, September 19, 2013

Richard Epstein considers the role of the Federal Reserve in the US economy and Larry Summers’s withdrawing his candidacy to be the Fed’s next chairman.

Analysis and Commentary

Syria and American Leadership

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, September 17, 2013
 

Syria and American Leadership

by Richard A. Epsteinvia Defining Ideas
Tuesday, September 17, 2013

The president’s rudderless policies in the Middle East have made peace an elusive goal.

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