Introduction to Common Law

Introduction to Common Law

Can simple rules solve social coordination problems better than regulations do?  

in this series on the Common Law, Professor Richard Epstein of NYU School of Law, provides an alternative to the conventional view that property rights are arbitrarily created by the state, and therefore can be changed at will by the state.  A few simple rules, he argues, are universal principles of social organization, consistent across time and culture, which form the basis of social gains.

 

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2 of 8: Can Laws Be Simple? [Introduction to Common Law] [No. 86]

Can the Common Law be reduced to a series of simple rules? Professor Richard Epstein of NYU School of Law argues “yes," even in spite of the complexity of modern society. Professor Epstein provides an alternative to the conventional view that pro ... Can the Common Law be reduced to a series of simple rules? Professor Richard Epstein of NYU School of Law argues “yes," even in spite of the complexity of modern society.

Professor Epstein provides an alternative to the conventional view that property rights are arbitrarily created by the state, and therefore can be changed at will by the state; a few simple rules, he argues, are universal principles of social organization, consistent across time and culture, which form the basis of social gains.

Professor Epstein is the inaugural Laurence A. Tisch Professor of Law at NYU School of Law, a Senior Fellow at the Hoover Institution, and Professor of Law Emeritus and a senior lecturer at the University of Chicago.

As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.

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Related links:

Richard Epstein: Simple Rules for a Complex World
https://www.youtube.com/playlist?list=PLWwcngsYgoUX3i5tMPI9kDQtoLuOXCsN_