RICHARD EPSTEIN

(Richard Allen Epstein)


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Professor Epstein is a libertarian free market economist who advocates patience even if there are clear problems like corruption, unsafe working conditions, and the like. This view holds that the free market will sort itself out more effectively than the government will be able to do. Others, disagree.


A libertarian economist, he argued against government subsidies in principle but here observed that our efforts of subsidizing certain industries to keep foreign products.


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Richard Epstein
Richard Epstein
  • Born: April 17, 1943
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Richard Allen Epstein is an American legal scholar known for his writings on subjects such as torts, contracts, property rights, law and economics, classical liberalism, and libertarianism. Epstein is currently the Laurence A. Tisch Professor of Law and director of the Classical Liberal Institute at New York University, the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution, and the James Parker Hall Distinguished Service Professor of Law emeritus and a senior lecturer at the University of Chicago.