Cleveland-Marshall College of Law will host Visiting Scholar Richard Epstein, the Laurence A. Tisch Professor of Law at NYU School of Law, Wednesday, March 9 at 5 p.m. The lecture topic is "Leveling Down, or Leveling Up."
Income inequality has become a rallying cry in modern progressive circles. The current illusion is that higher taxes and stiffer regulations can raise the bottom even if it lowers the top. But in fact the likely consequence of these efforts is to continue the downward economic drift of the past decade. It is far easier to level down than it is to level up. The former does not require the economic growth necessary for the latter. Indeed, every known approach for reducing economic inequality is likely to reduce welfare across the income spectrum. This lecture explains how best to reverse the current downward spiral.
About Richard A. Epstein
Richard A. Epstein is the Laurence A. Tisch Professor of Law at NYU School of Law and widely published author, best known for his writings and studies on classical liberalism, torts, and law and economics. Epstein is also the James Parker Hall Distinguished Service Professor of Law Emeritus and a senior lecturer at the University of Chicago and has served as a Senior Fellow at the Hoover Institution since 2000. From 2001 to 2010, he was a director of the John M. Olin Program in Law and Economics at the University of Chicago.
Epstein has published more than 15 books spanning over 30 years. His latest book, The Classical Liberal Constitution: The Uncertain Quest for Limited Government (Harvard U. Press, 2014), urges a return to the classical liberal theory of governance that animated the framers’ original text, and to the limited government this theory supports.
In 2000, a study published in The Journal of Legal Studies identified Epstein as the 12th-most cited legal scholar of the 20th century.