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

Blank Section (Placeholder)FeaturedBlank Section (Placeholder)Health Care

Warrencare

by Richard A. Epsteinvia Defining Ideas
Tuesday, November 5, 2019

Heavy taxes for wasteful health expenditures is the road to economic ruin.

Interviews

Richard Epstein On The John Batchelor Show: Cuomo Bans Pipelines

interview with Richard A. Epsteinvia The John Batchelor Show
Saturday, November 2, 2019

Hoover Institution fellow Richard Epstein discusses his Defining Ideas article "New York’s Pipeline Fiasco."

Blank Section (Placeholder)Analysis and CommentaryEconomy

The Libertarian: Moving Left On Energy

interview with Richard A. Epsteinvia The Libertarian
Thursday, October 31, 2019

Green energy policies at the state and federal level are starting to have an impact — in all the wrong ways.

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New York’s Pipeline Fiasco

by Richard A. Epsteinvia Defining Ideas
Monday, October 28, 2019

The seeds of the current crisis lie in our perverse system of permit approvals.

Blank Section (Placeholder)FeaturedEconomy

Elizabeth Warren’s Flawed Approach To Trade

by Richard A. Epsteinvia Las Vegas Review Journal
Saturday, October 26, 2019

Sen. Elizabeth Warren is at it again. Her ill-conceived New Approach To Trade proclaims boldly as follows: As president, I won’t hand America’s leverage to big corporations to use for their own narrow purposes — I’ll use it to create and defend good American jobs, raise wages and farm income, combat climate change, lower drug prices and raise living standards worldwide. We will engage in international trade — but on our terms and only when it benefits American families.

Interviews

Richard Epstein: The Birth Of The Deathless Administrative State (Part 1)

interview with Richard A. Epsteinvia The John Batchelor Show
Saturday, October 26, 2019

(Part 1) Hoover Institution fellow Richard Epstein discusses his Atlantic article "How Bad Constitutional Law Leads to Bad Economic Regulations."

Interviews

Richard Epstein: The Birth Of The Deathless Administrative State (Part 2)

interview with Richard A. Epsteinvia The John Batchelor Show
Saturday, October 26, 2019

(Part 2) Hoover Institution fellow Richard Epstein discusses his Atlantic article "How Bad Constitutional Law Leads to Bad Economic Regulations."

Blank Section (Placeholder)Analysis and Commentary

Law Talk, With Epstein & Yoo: “Fifth Avenue Freeze Out”

interview with Richard A. Epstein, John Yoovia Hoover Daily Report
Saturday, October 26, 2019

Analyzing the case for impeachment and previewing this term’s Supreme Court cases.

Blank Section (Placeholder)Analysis and Commentary

The Libertarian: Failed (Administrative) State

interview with Richard A. Epsteinvia The Libertarian
Wednesday, October 23, 2019

How executive branch discretion threatens the rule of law.

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Two Pyrrhic Union Victories

by Richard A. Epsteinvia Defining Ideas
Monday, October 21, 2019

Costly strikes in the Chicago Public Schools and at General Motors stem from a failed model of labor relations.

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