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

Obama’s Middle Class Malaise

by Richard A. Epsteinvia Defining Ideas
Tuesday, July 30, 2013

Richard Epstein deconstructs President Obama’s recent speech on economic opportunity for the middle class.

Analysis and Commentary

Obama's Middle Class Malaise

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, July 30, 2013

Obama's Middle Class Malaise

by Richard A. Epsteinvia Defining Ideas
Tuesday, July 30, 2013

Income redistribution and pro-union policies are hurting, not helping, the economy.

One of the tens of thousands of abandoned homes in Detroit.

The Fall of Detroit

by Richard A. Epsteinvia Defining Ideas
Wednesday, July 24, 2013

Richard Epstein looks at Detroit’s bankruptcy and its implications for public pensions.

Analysis and Commentary

Justice for Trayvon Martin?

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Monday, July 22, 2013

Justice for Trayvon Martin?

by Richard A. Epsteinvia Defining Ideas
Monday, July 22, 2013

Our country has had its fair share of racist travesties, but the George Zimmerman verdict is not one of them.

Hoover launches “The Libertarian” podcast

Fannie, Freddie, and Your Money

by Richard A. Epsteinvia Defining Ideas
Wednesday, July 17, 2013

Richard Epstein looks at the federal government’s dereliction of duty in managing the Fannie Mae and Freddie Mac bailouts.

Analysis and Commentary

Grand Theft Treasury

by Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Tuesday, July 16, 2013

Grand Theft Treasury

by Richard A. Epsteinvia Defining Ideas
Tuesday, July 16, 2013

The U.S. government has unconstitutionally stripped billions of dollars from Fannie and Freddie’s private investors.

The Supreme Court of the United States

Does the Supreme Court Favor Business Interests?

by Richard A. Epsteinvia Defining Ideas
Friday, July 12, 2013

Richard Epstein discusses allegations that the Supreme Court has developed a pro-business bias.

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