Real Clear Politics calculates President Bush's average approval rating at 31 percent...
Should property owners be compensated for the effects of government regulation? According to the Fifth Amendment to the Constitution "No person shall … be deprived of … property, without due process of law; nor shall private property be taken for public use, without just compensation." But what exactly is a property right and what constitutes a taking? Seizure of land by the government may be a taking, but what about environmental or zoning regulations that place restrictions on land use? With one such taking case already before the Supreme Court, the legal battle over these questions could alter the very nature of the relationship between the rights of the individual property owner and those of society as a whole.
Richard Epstein, the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution, looks at the IRS's abuse of the permit power and how that abuse also applies to the FDA, the EPA, and local zoning ordinances.
Richard Epstein the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution, discusses the flaws in the America Invents Act and considers how to create a patent system that more effectively fosters American innovation.
The fall issue of Regulation contains a provocative attempt by University of California, Berkeley law professor Peter Menell to discredit what he calls the property rights movement (prm) for its supposed “absolutist” stance on intellectual property (“Intellectual Property and the Property Rights Movement”)...
From Hoover Press: Free Markets under Siege: Cartels, Politics, and Social Welfare, by Richard A. Epstein
In Free Markets under Siege: Cartels, Politics, and Social Welfare (Hoover Press, 2008), Richard A. Epstein, the Hoover Institution’s Peter and Kirsten Bedford Senior Fellow, exposes the danger and folly of deviation from the sound classical liberal principles—limited government, strong property rights, and free exchange...
Richard Epstein, the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution and the Laurence A. Tisch Professor of Law at New York University Law School, and a senior lecturer at the University of Chicago, discusses his latest book Design for Liberty: Private Property, Public Administration, and the Rule of Law.
Epstein discusses the Supreme Court’s review of Koontz v. St. Johns River Water Management District on the John Batchelor Show
Richard Epstein, the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution and a member of the John and Jean De Nault Task Force on Property Rights, Freedom, and Prosperity, speaks to the long-standing conflict between the constitutional protection of property rights and the state’s desire to protect its pristine wetlands, always in short supply, from destruction by real estate development.
Will people one day pay for the digital content that today they receive for free? . . .
Richard Epstein considers the soundness of contracts and the constitutionality of taxing bonuses at a rate of 90 percent...
Don't thank Republicans, business leaders or the media for saving the U.S. . . .
A native of Zambia, Dambisa Moyo holds a master's degree from Harvard, an MBA from American University and a doctorate in economics from Oxford...
IP² Working Paper No. 14014 (originally published April 1, 2014) - Ultimately, patents have value to the extent to which the product features enabled by the patents have economic value in the marketplace. Products which are enhanced by inclusion of patented features should generate incremental profits. Incremental profits can be assessed by considering demand for products with patented features and contrasting that demand to demand for the same product without the patented feature.
How the Trump administration can shield and spur American innovation.
Corporate taxes already drive U.S. companies offshore. The administration should think twice before making matters even worse. By Peter Robinson.
March 10, 2014
March 31, 2014