Crisis & the Law with Richard Epstein

Considered one if the most influential legal thinkers of modern times, Richard Epstein brings his libertarian views to bear on the current financial crisis --government incentives were perverse, so the actions of the private parties were perverse-- and rates the performances of George Bush and Barack Obama in their responses to the crisis. He speaks to the importance of contracts and the constitutionality of the expo facto taxation on AIG executives and the Employee Free Choice Act embraced by President Obama. Finally he speaks of his personal and professional dealings with Barack Obama when they were law school faculty mates at the University of Chicago.

Category:

News & Politics

Tags:

• HooverInstitutionUK
• Epstein
• constitution
• law
• contracts
• amendments

[lg44351]

@lavedon You must be joking

[7beers]

Epstein is one smart cookie!!!!!!!!!!!!!!!!!

[lavedon]

@stonergeo33 2nd only to Thomas Sowell

[ThePoliticalMoose]

I want to go to UChicago law to take a class with this guy

[stonergeo33]

Holy shit. This guy is great. His voice flows and he thinks so fast! So well spoken!

[logant44]

I don't understand a word this guy is saying

[helm8969]

Epstein is simply unbelieveable. The guy is Hamiltonesque in that he speaks extemporaneously and sounds like a very good doctoral dissertaion. He is by far the brightest star in the conservative intellectual constellation.

[selfmadenow]

Yes, Mr. Danta, excellent point indeed.

[Wormtail81]

That is an excellent point.

[dcdanta]

Mr. Robinson assumes--mistakenly in my opinion-- that Milton Friedman would have advocated increases in the monetary base during the "credit crunch." A better approximation of Mr. Friedman's view would probably be that of Anna Schwartz's, his coauthor in a Monetary History of the United States:"The Fed has gone about as if the problem is a shortage of liquidity. That is not the basic problem."