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.

Filter By:

Topic

Type

Recent Commentary

Epstein on WSJ Live

Epstein discusses the mortgage situation in Richmond, California

by Richard A. Epsteinvia Wall Street Journal Live
Friday, September 13, 2013

Hoover senior fellow Richard Epstein discusses, on Wall Street Journal Live, the city of Richmond’s plan to invoke eminent domain to seize underwater mortgages. This interview follows his recent Defining Ideas paper “Richmond’s Mortgage Heist.”

Ronald Coase

The Legacy of Ronald Coase

by Richard A. Epsteinvia Defining Ideas
Tuesday, September 10, 2013

Richard Epstein considers the legacy of his friend and colleague Ronald Coase.

Analysis and Commentary

Getting Environmental Regulation Right

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, September 10, 2013
What we can all learn from the late Ronald Coase about protecting wetlands and wildlife.

Getting Environmental Regulation Right

by Richard A. Epsteinvia Defining Ideas
Tuesday, September 10, 2013

What we can all learn from the late Ronald Coase about protecting wetlands and wildlife.

Hoover launches “The Libertarian” podcast

Syria, International Law, and War Powers

by Richard A. Epsteinvia Defining Ideas
Thursday, September 5, 2013

Richard Epstein looks at the legal, political, and policy implications of President Obama’s desire to launch a US strike on Syria.

Analysis and Commentary

Down With The Living Wage

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Wednesday, September 4, 2013
 
Capitalism, Government, and the Good Society

Roberts hosts Epstein and others in symposium on the role of government in the economy

by Russ Roberts, Richard A. Epsteinvia EconTalk
Wednesday, September 4, 2013

In a symposium hosted by Hoover research fellow Russell Roberts entitled “Capitalism, Government, and the Good Society,” Hoover senior fellow Richard A. Epstein discusses the role of government from a legal perspective (37:40). In the second part of the symposium (52:27), Roberts moderates a discussion on government with Epstein, Michael Munger, and Robert Skidelsky. Topics include the weaknesses of capitalism, government and market failures, and the 2008 financial crisis.

Down With The Living Wage

by Richard A. Epsteinvia Defining Ideas
Tuesday, September 3, 2013

Before we dismiss economics as a non-science, let’s recall its wisdom about the dangers of government intervention in markets.

Alonzo Fields (1900-1994), White House butler for 21 years

The Butler and Civil Rights–Part II

by Richard A. Epsteinvia Defining Ideas
Wednesday, August 28, 2013

Richard Epstein continues his consideration of what the new film The Butler misses in its portrayal of fifty years of US civil rights.

Analysis and Commentary

The Dream Derailed

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, August 27, 2013

Pages