Top 34 Richard Epstein Quotes
#1. The New Deal is inconsistent with the principles of limited government and with the constitutional provisions designed to secure that end.
Richard Allen Epstein
#2. Oh, and one more thing: if I try something that I've never done before, something that's particularly difficult for me, and it doesn't work out, that doesn't make it a failure. The fact that I actually succeeded in finishing it makes it a huge success. Think of all the people that never even try.
Sebastian Cole
#3. The assumption that individuals act objectively in accordance with purely mathematical dictates to maximize their gain or utility cannot be sustained by empirical observation.
Richard Arnold Epstein
#4. Revising stuff lately, I was shocked to see how often my characters scratched their ankles, felt their feet, and touched their own ears.
Elizabeth McCracken
#5. A proven theorem of game theory states that every game with complete information possesses a saddle point and therefore a solution.
Richard Arnold Epstein
#6. One of the great weaknesses of standard libertarian theory is that it tends to push too hard by elevating presumptions into absolutes.
Richard Allen Epstein
#7. Generally, a betting system for which each wager depends only on present resources and present probability of success is known as a Markov betting system.
Richard Arnold Epstein
#8. That effort to undermine competitive markets is no better in the market for labor than it is for goods and services.
Richard A. Epstein
#9. Back then, everyone was Lana and Rock. No one had ethnic names.
Piper Laurie
#11. While no rigorous proof of an optimal strategy has been achieved, Robbins has proposed the principal of "staying on a winner" and has shown it to be uniformly better than a strategy of random selection.
Richard Arnold Epstein
#12. The essence of the phenomenon of gambling is decision making. The act of making a decision consists of selecting one course of action, or strategy, from among the set of admissible strategies.
Richard Arnold Epstein
#13. If I have a right to a job, education, health care or a house, then I must be able to specify the person or persons who owe me any or all of these things.
Richard Allen Epstein
#14. ****your Parliament and your Constitution. America is an elephant. Cyprus is a flea. Greece is a flea. If those two fleas continue itching the elephant, they may just get whacked by the elephant's trunk, whacked good. President Lyndon Johnson to the Greek ambassador in Washington (1964)
Richard Clogg
#15. The Only Person I'm Prejudice Against, is The Lazy One!
Latif Mercado
#16. The pillars of classical liberalism call for flat taxes, with revenues put to limited uses; strong property rights; and free markets.
Richard A. Epstein
#17. The sense that just about anything goes with the collection of public revenues and the making of public expenditure has contributed mightily to the current malaise.
Richard A. Epstein
#18. Feminism is the single most powerful social movement of our time, one that addresses every aspect of human and social life.
Richard Allen Epstein
#19. From a rational standpoint, it might be expected that man should be far more willing to express financial confidence in his skills rather than risking his earnings on the mindless meanderings of chance. Experience, however, has strongly indicated the reverse proposition to hold true.
Richard Arnold Epstein
#20. The protection of private property does more than promote market efficiency; it enhances the level of human freedom in the most intimate and personal parts of our lives.
Richard Allen Epstein
#21. The earliest full-length account of a chariot race appears in Book xxiii of the Iliad.
Richard Arnold Epstein
#22. One of the oldest mythological fables tells of Mercury playing at dice with Selene and winning from her the five days of the epact (thus totaling the 365 days of the year and harmonizing the lunar and solar calendars).
Richard Arnold Epstein
#23. The study of human institutions is always a search for the most tolerable imperfections.
Richard A. Epstein
#24. You transition as a mother from literally just pulling a booger out of that person's nose whenever you see one until at some point they assert: "No, I'm a person. You can't fix my underpants on the subway."
Tina Fey
#25. At bottom are only two pure forms of legislation - productive and redistributive.
Richard Allen Epstein
#26. With much care and skill power has been broken into fragments in the American township, so that the maximum possible number of people have some concern with public affairs.
Alexis De Tocqueville
#27. She loosened her grip on his hair and lightly scraped her fingernails over his cheek to his incredible lips.
"I could kiss you all day."
Laith's gaze intensified.
"All right.
Donna Grant
#29. Coin matching and finger flashing were among the first formal games to arise in the history of gambling. The class of Morra games extends back to the pre-Christian era, although not until comparatively recent times have game-theoretic solutions been derived.
Richard Arnold Epstein
#30. A weakness of the random-walk model lies in its assumption of instantaneous adjustment, whereas the information impelling a stock market toward its "intrinsic value" gradually becomes disseminated throughout the market place.
Richard Arnold Epstein
#31. Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man.
Richard Arnold Epstein
#32. The desire to avoid short-term hardships leads to major dislocations in [housing] markets.
Richard A. Epstein
#33. Do not get yourself into the illusion that there is something so unique about the question of organ or body parts ... that the general rules of economics do not apply.
Richard Allen Epstein
#34. Fifty percent of the women in this country are not having orgasms. If that were true of the male population, it would be declared a national emergency.
Margo St. James
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