Richard Epstein
Legal scholar and professor at the University of Chicago and senior fellow at Stanford's Hoover Institution, specializing in property rights, law and economics, and author of Overdose on pharmaceutical regulation.
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Feb 19, 2007 • 1h 6min
Richard Epstein on Property Rights and Drug Patents
Richard Epstein, a law scholar at the University of Chicago and Hoover Institution, discusses property rights, patents, and drug regulation. He compares physical and intellectual property. He explains how patents incentivize risky pharma innovation and how regulatory delays and third-party payers shape drug markets. He also explores FDA roles, counterfeit risks from reimportation, and alternatives to blanket bans.
