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

International SecurityFeaturedBlank Section (Placeholder)

What Is The Purpose Of A Corporation?

by Richard A. Epstein quoting Edward Paul Lazear, Milton Friedmanvia Defining Ideas
Monday, August 26, 2019

The Business Roundtable errs in prioritizing social responsibility over shareholder value.

Featured

Richard Epstein On The John Batchelor Show

interview with Richard A. Epsteinvia The John Batchelor Show
Thursday, August 22, 2019

Hoover Institution fellow Richard Epstein discusses his Las Vegas Review-Journal article "Forced migration to wind and solar could hamper Nevada economy."

Blank Section (Placeholder)Analysis and Commentary

The Specter Of Recession

interview with Richard A. Epsteinvia The Libertarian
Thursday, August 22, 2019

When does the prospect of an economic slowdown justify government intervention?

Interviews

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

interview with Richard A. Epsteinvia The John Batchelor Show
Tuesday, August 20, 2019

(Part 1) Hoover Institution fellow Richard Epstein discusses his Defining Ideas article "Israeli Lessons For Mass Shootings."

Interviews

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

interview with Richard A. Epsteinvia The John Batchelor Show
Tuesday, August 20, 2019

(Part 2) Hoover Institution fellow Richard Epstein discusses his Defining Ideas article "Israeli Lessons For Mass Shootings."

Blank Section (Placeholder)Analysis and Commentary

Law Talk With Epstein, Yoo & Senik: “You Asked”

interview with Richard A. Epstein, John Yoo, Troy Senikvia Hoover Daily Report
Saturday, August 17, 2019

Richard Epstein and John Yoo take questions from podcast listeners.

Featured

Forced Migration To Wind And Solar Could Hamper Nevada Economy

by Richard A. Epsteinvia Las Vegas Review Journal
Saturday, August 17, 2019

Last year, Nevada voters, by a 59 percent majority, endorsed Question 6, the Renewable Energy Promotion Initiative. If adopted again in 2020, it would amend the state constitution to require that 50 percent of the state’s energy portfolio come from renewables —wind and solar — by 2030. The consequences of this could be tragic for Nevada.

Policy InsightsFeatured

Single-Payer Health Care

by Scott W. Atlas, Richard A. Epstein, Lee Ohanian, Lanhee J. Chen, Tom Churchvia PolicyEd
Thursday, August 15, 2019

Single-payer health care is when the government acts as the only payer of health care costs in the economy. Rather than individuals purchasing insurance for payment of medical expenses through their employer or on the open market, the federal government typically covers all such costs.

Blank Section (Placeholder)Analysis and Commentary

The Libertarian: Dealing With Mass Shootings

interview with Richard A. Epsteinvia The Libertarian
Thursday, August 15, 2019

The only practical response is one Washington isn’t considering.

International SecurityFeaturedBlank Section (Placeholder)

Israeli Lessons For Mass Shootings

by Richard A. Epsteinvia Defining Ideas
Monday, August 12, 2019

Choosing the proper mix of preventive measures.

Pages