• Video

Studying the Common Law

In law school, the four major branches of the Common Law, property, contract, tort, and restitution are treated as distinct subjects with arbitrary rules. Professor Richard Epstein of NYU School of Law argues that this approach misses the mark, that there is a deep intellectual unity among these subjects. 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=UB-soNiLVJU

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