Archive for Richard A. Epstein
Richard Epstein is the James Parker Hall Distinguished Service Professor of Law at the University of Chicago, director of the Law and Economics Program, and the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution.
Political Bankruptcies: How Chrysler and GM Have Changed the Rules of the Game
The topic of corporate bankruptcy law scarcely titillates the imagination of ordinary citizens, even those with a deep interest in constitutional and public affairs. Harried people treat bankruptcy almost dismissively as a useful way of winding up firms that cannot keep their financial heads above water. In practice they sense rightly that the corporate bankruptcy [...]
18Nov2009 | Richard A. Epstein | 12 comments | ContinuedA Popular Insurrection on Property Rights
The property rights issues that arise constantly in
modern life are always difficult and often
obscure. Most ordinary people understand the
importance of zoning restrictions and environmental
protection in their daily lives.They are also keenly aware
that the state exercises its eminent domain power whenever
it condemns land for a post office or a public highway.
But in general they rightly feel a little intimidated
if asked to understand the inner workings of a legal system
that is dominated at every turn by an impenetrable
jargon that even trained lawyers find it
hard to manipulate.
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The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
