Richard A. Epstein


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Richard A. Epstein is the James Parker Hall Distinguished Service Professor Emeritus of Law and Senior Lecturer at The University of Chicago Law School.

Epstein started his legal career at the University of Southern California, where he taught from 1968 to 1972. He served as Interim Dean from February to June, 2001.

He received an LLD, hc, from the University of Ghent, 2003. He has been a member of the American Academy of Arts and Sciences since 1985 and a Senior Fellow of the Center for Clinical Medical Ethics at the University of Chicago Medical School, also since 1983. He served as editor of the Journal of Legal Studies from 1981 to 1991, and of the Journal of Law and Economics from 1991 to 2001.

His books include The Case Against the Emplo
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The Obama Administration often proclaims that it works overtime to strengthen the competitive position of U.S. industry. If it's sincere about this claim, it should be working to lower the time and cost that it takes pharmaceutical companies to bring new medicines to market, estimated to be over a decade at a cost of $1.3 billion per drug.
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Published on March 15, 2012 15:11 • 198 views
Average rating: 3.83 · 534 ratings · 56 reviews · 72 distinct worksSimilar authors
Cases and Materials on Torts

3.12 avg rating — 95 ratings — published 1959 — 15 editions
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Simple Rules for a Complex ...

4.08 avg rating — 75 ratings — published 1995 — 3 editions
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How Progressives Rewrote th...

3.92 avg rating — 62 ratings — published 2006 — 7 editions
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Takings: Private Property a...

3.91 avg rating — 43 ratings — published 1985 — 4 editions
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Principles For A Free Socie...

4.13 avg rating — 31 ratings — published 1998 — 4 editions
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Why Progressive Institution...

3.85 avg rating — 41 ratings — published 2011 — 4 editions
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The Theory of Gambling and ...

3.74 avg rating — 34 ratings — published 1977 — 12 editions
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The Classical Liberal Const...

4.32 avg rating — 31 ratings — published 2013 — 4 editions
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Skepticism and Freedom: A M...

3.96 avg rating — 23 ratings — published 2003 — 3 editions
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Design for Liberty: Private...

4.14 avg rating — 14 ratings — published 2011 — 3 editions
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“The study of human institutions is always a search for the most tolerable imperfections.”
Richard Allen Epstein

“The pillars of classical liberalism call for flat taxes, with revenues put to limited uses; strong property rights; and free markets.”
Richard Epstein, Why Progressive Institutions Are Unsustainable

“The sense that just about anything goes with the collection of public revenues and the making of public expenditure has contributed mightily to the current malaise.”
Richard Epstein, Why Progressive Institutions Are Unsustainable

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