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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8 of 8: Simple Rules v. Regulation [Introduction to Common Law] [No. 86]

Can simple rules solve social coordination problems better than regulations do? Prof. Richard Epstein of NYU School of Law argues “yes,” giving examples of coordination through simple rules explaining drawbacks that top-down rules pose in differe ... Can simple rules solve social coordination problems better than regulations do? Prof. Richard Epstein of NYU School of Law argues “yes,” giving examples of coordination through simple rules explaining drawbacks that top-down rules pose in different kinds of transactions.

Professor Epstein, in this series on the Common 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.

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.

Subscribe to the series’ playlist: https://www.youtube.com/playlist?list=PLWwcngsYgoUX3i5tMPI9kDQtoLuOXCsN_

Related links:

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

Nathan Glazer: The Law is a Mess https://www.youtube.com/playlist?list=PLWwcngsYgoUX3i5tMPI9kDQtoLuOXCsN_

We Need More Government Regulation of Businesses … Not Less
https://www.youtube.com/playlist?list=PLWwcngsYgoUX3i5tMPI9kDQtoLuOXCsN_

Daniel Silver: The Birth of Common Sense? www.commentarymagazine.com/articles/simple-rules-for-a-complex-world-by-richard-a-epstein/

Over-regulated America
https://www.youtube.com/playlist?list=PLWwcngsYgoUX3i5tMPI9kDQtoLuOXCsN_

John Harrison: Richard Epstein’s Big Picture
https://www.youtube.com/playlist?list=PLWwcngsYgoUX3i5tMPI9kDQtoLuOXCsN_