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. https://youtube.com/watch?v=QA65xz1ikkE