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My Methodological Flip-Flop on Individual Liberty

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  • Richard A. Epstein

Abstract

I trace my conversion over forty plus years from a traditional libertarian who tends to ignore the consequences of individual actions to a utilitarian who regularly invokes the standard of Pareto improvements to evaluate the choice of legal rules and institutions. That difference is most apparent in connection with the common-law position on refusal to rescue, which I once defended on grounds of individual liberty, regardless of consequences, but later came to defend it by a more consequentialist account. Going beyond individual liberty also heavily influences public law, where topics such as taxation and eminent domain require a framework that looks at the reasons for the exceptions to claims of individual liberty.

Suggested Citation

  • Richard A. Epstein, 2017. "My Methodological Flip-Flop on Individual Liberty," Econ Journal Watch, Econ Journal Watch, vol. 14(2), pages 288–293-2, May.
  • Handle: RePEc:ejw:journl:v:14:y:2017:i:2:p:288-293
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    More about this item

    Keywords

    Regret; error; discourse;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics

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