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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Interviews

Richard Epstein On The John Batchelor Show (Part 2 Of 2)

interview with Richard A. Epsteinvia The John Batchelor Show
Sunday, August 11, 2019

(Part 2) Hoover Institution fellow Richard Epstein discusses his Defining Ideas article The Economic Trap Of “Medicare For All.”

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The Libertarian: The Case Against Medicare For All

interview with Richard A. Epsteinvia The Libertarian
Thursday, August 8, 2019

How government-run healthcare will weaken the economy and ruin the quality of medicine.

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The Economic Trap Of “Medicare For All”

by Richard A. Epsteinvia Defining Ideas
Monday, August 5, 2019

The $40 trillion program will reduce consumer health care options and compromise care.

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The Libertarian: Land Use And The Little Guy

interview with Richard A. Epsteinvia The Libertarian
Wednesday, July 31, 2019

How big-city regulators impede growth, exploit citizens, and cater to powerful interests.

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Bill De Blasio's Bill

by Richard A. Epsteinvia Defining Ideas
Monday, July 29, 2019

The mayor's plans for workers are as bad as his own presidential campaign.

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Chicago Betrays The Public Trust For Obama

by Richard A. Epsteinvia The Wall Street Journal
Thursday, July 25, 2019

[Subscription Required] Politics often allow the strong to trample the weak. That’s what happened in two land-use cases on which I am lead counsel.

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The Libertarian: The Moon — 50 Years On

interview with Richard A. Epsteinvia The Libertarian
Thursday, July 25, 2019

What can Apollo 11 teach us about what government can (and can’t) do.

Interviews

Richard Epstein On The John Batchelor Show (Part 1 Of 2)

interview with Richard A. Epsteinvia The John Batchelor Show
Wednesday, July 24, 2019

(Part 1) Hoover Institution fellow Richard Epstein discusses his Defining Ideas article "Drug Pricing Made Easy."

Interviews

Richard Epstein On The John Batchelor Show (Part 2 Of 2)

interview with Richard A. Epsteinvia The John Batchelor Show
Wednesday, July 24, 2019

(Part 2) Hoover Institution fellow Richard Epstein discusses his Defining Ideas article "Drug Pricing Made Easy."

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Foolish On Climate Change

by Richard A. Epsteinvia Defining Ideas
Monday, July 22, 2019

Andrew Cuomo doesn’t get the science or economics of his own policies.  

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