Who We Are

Richard Epstein


Richard A. Epstein is the Director of the Classical Liberal Institute and the inaugural Laurence A. Tisch Professor of Law at NYU School of Law. Prior to his joining the faculty, he was a visiting law professor at NYU from 2007 through 2009. He has served as the Peter and Kirstin Bedford Senior Fellow at the Hoover Institution since 2000. Epstein is also the James Parker Hall Distinguished Service Professor of Law Emeritus and a senior lecturer at the University of Chicago. His initial law school appointment was at the University of Southern California from 1968 to 1972. Epstein received an LL.D., h.c. from the University of Ghent, 2003. He has been a member of the American Academy of Arts and Sciences since 1985 and has been a Senior Fellow of the Center for Clinical Medical Ethics at the University of Chicago Division of Biological Sciences, also since 1983. He served as editor of the Journal of Legal Studies from 1981 to 1991, and of the Journal of Law and Economics from 1991-2001. From 2001 to 2010 he was a director of the John M. Olin Program in Law and Economics at the University of Chicago.

His newest book, The Classical Liberal Constitution: The Uncertain Quest for Limited Government (Harvard 2014) is currently available for sale here. His previous books include Design for Liberty: Private Property, Public Administration and the Rule of Law (Harvard 2011); The Case Against the Employee Free Choice Act (Hoover 2009); Supreme Neglect: How to Revive the Constitutional Protection of Property Rights (Oxford 2008); Antitrust Decrees in Theory and Practice: Why Less is More (AEI 2007); Overdose: How Excessive Government Regulation Stifles Pharmaceutical Innovation (Yale University Press. 2006); How Progressives Rewrote the Constitution (Cato 2006); Cases and Materials on Torts (Aspen Law & Business; 8th ed. 2004); Skepticism and Freedom: A Modern Case for Classical Liberalism (University of Chicago, 2003); Torts (Aspen Law & Business 1999); Principles for a Free Society: Reconciling Individual Liberty with the Common Good (Perseus Books, 1998):Mortal Peril: Our Inalienable Rights to Health Care (Addison-Wesley, 1997); Simple Rules for a Complex World(Harvard, 1995); Bargaining With the State (Princeton, 1993); Forbidden Grounds: The Case Against Employment Discrimination Laws (Harvard , 1992); Takings: Private Property and the Power of Eminent Domain (Harvard, 1985); and Modern Products Liability Law (Greenwood Press, 1980). He has also edited (with Catherine M. Sharkey) Cases and Materials on the Law of Torts (10th edition 2012).

Epstein has written numerous articles on a wide range of legal and interdisciplinary subjects. He has taught courses in administrative law, antitrust law, civil procedure, communications, constitutional law, contracts, corporations, criminal law, criminal procedure, employment discrimination law, environmental law, food and drug law health law and policy, legal history, labor law, property, real estate development and finance, jurisprudence, labor law; land use planning, patents, individual, estate, partnership and corporate taxation, Roman Law; torts, water law and workers' compensation.

Epstein also writes a weekly legal column, the Libertarian, is a regular contributor to Ricochet, and writes occasionally for other web sites including Just Security, the ScotusBlog and PointofLaw at the Manhattan Institute.

Mario Rizzo


Mario Rizzo is the Co-Director of the Classical Liberal Institute and an Associate Professor of Economics at NYU. He is also the Director of the Program on the Foundations of the Market Economy in the Department of Economics and the chairman of the Colloquium on Market Institutions and Economic Processes. He has been a law and economics fellow at Yale Law School and the University of Chicago Law School. He teaches a yearly seminar at NYU School of Law called “Classical Liberalism.” He is the author of many articles in economics and in law journals. His most recent book (co-authored with Gerald P. O’Driscoll, Jr.) is Austrian Economics Re-Examined: The Economics of Time and Ignorance, available here.

Professor Rizzo’s current research is focused on new or soft paternalism, behavioral economics, and the economic theory of rationality. He is completing a book on the subject.

His research is grounded on four fundamental premises: (1) the decentralization of knowledge in a complex society, such as ours, is important in the explanation of both economic and social phenomena; (2) human action should be understood in a contextual way -- both the individual and social context is needed to make sense of what people do and how they relate to one another; (3) these phenomena are, wherever possible, best viewed as processes in time; and (4) economic and social policies usually have important unintended consequences.

Nick Cowen


Nick Cowen is a political scientist with interests in political theory, law and public policy.  He wrote his doctoral dissertation at King's College London on the political economy of distributive justice. He has a BA in Philosophy from University College London and an MPhil in Political Theory from the University of Oxford. He has previously been a policy researcher and communications manager at the British think-tank, Civitas. He is the author of Swedish Lessons: How Schools with More Freedom Can Deliver Better Education, and Total Recall: How Direct Democracy Can Improve Britain. Nick was a Mercatus Center Adam Smith Fellow during the 2014-2015 and 2015-2016 academic years.

Paola Suarez


Paola Suarez is a fifth-year Ph.D. student in the Department of Economics at George Mason University, where she also received her BS in Economics in 2012 and her MA in Economics in 2014. She is a visiting Ph.D. student at the Department of Economics at New York University, a Classical Liberal Institute Fellow at New York University School of Law, and a Mercatus Dissertation Fellow at the Mercatus Center at GMU. Her research interests include primarily economics of marriage and the family, but also economic development, public choice, law and economics, and Austrian economics.

Liya Palagashvili


Liya Palagashvili is a Fellow at New York University School of Law and an Assistant Professor of Economics at SUNY-Purchase College. Liya earned her PhD in Economics from George Mason University in 2015, and while in graduate school she was also a Visiting PhD Scholar with the Department of Economics at New York University. She has published academic papers in the History of Political Economy, Journal of Institutional Economics, Journal of Law, Economics, and Policy, and the Review of Austrian Economics. In addition to academic writing, Liya has published in media outlets such as the Wall Street Journal, Newsday, U.S. News and World Report, and Philadelphia Inquirer. She has taught a number of undergraduate economics classes—Principles of Microeconomics, Principles of Macroeconomics, Intermediate Microeconomics, Intermediate Macroeconomics, Econometrics, and Austrian Economics.  Liya’s dissertation was on fiscal federalism and the ways by which foreign aid and federal aid break down the mechanisms inherent in the structures of federalism that align the interests of government with that of its citizens.  She has presented her work at academic conferences both domestically and internationally on topics of federalism, economic development and foreign aid, entrepreneurship and regulation, public choice economics, community policing, post-Soviet transition economies, self-governing communities, and colonialism.  Liya earned her B.S. in Economics from George Mason University in 2011, where she was the President of the university’s Economics Society, and then her M.A. in Economics from George Mason University in 2012.

Shruti Rajagopalan


Shruti Rajagopalan is an Assistant Professor of Economics at State University of New York, Purchase College. She earned her Ph.D. in economics in 2013 from George Mason University and was most recently a Bradley Visiting Researcher in the Department of Economics at New York University. Shruti's broad area of interest is the economic analysis of comparative legal and political systems. Her research interests specifically include law and economics, public choice theory, and constitutional economics. Shruti is currently working on the economic analysis of amendments to the Indian Constitution. Her research has been published in peer-reviewed journals, law reviews, and books. She also enjoys writing in the popular press and has published opinion editorials on Indian political economy in The Wall Street JournalMintThe Hindu: Business Line, and The Indian Express.

Stefanie Jung

Visiting Fellow, Fall 2016

Stefanie Jung is a Visiting Fellow at the Classical Liberal Institute during September and October 2016 and was also a visitor during Spring 2014 and Fall 2015. She is Juniorprofessor (associate professor) for civil law and company law at the University of Siegen (Germany), where she teaches in the Bachelor’s and Master’s Program on German and European Business Law. She is also a visiting lecturer at Vienna University of Economics and Business since 2015 (teaching contract negotiations). She has published extensively on European corporate law, corporate governance, contract negotiations as well as on business networks and legal methodology.

Mario Loyola

Visiting Fellow, Fall 2016

Mario Loyola has is Senior Fellow at WILL, focusing his research on federalism and constitutional law. He began his career in corporate law and since 2003 has divided his time between government service and research and writing at prominent policy institutes. He served in the Pentagon as a special assistant to the undersecretary of defense for policy, and on Capitol Hill as counsel for foreign and defense affairs to the U.S. Senate Republican Policy Committee, and a senior advisor for Senator Ben Sasse of Nebraska. Loyola is a contributing editor at National Review and a senior fellow at the Texas Public Policy Foundation, where he was director of federalism and constitutional studies.

He received a B.A. in European history from the University of Wisconsin-Madison and a J.D. from Washington University School of Law. He is admitted to practice law in New York State, the Commonwealth of Puerto Rico, the U.S. Supreme Court, and the Fifth Circuit Court of Appeals.

Robert Miller


Professor Miller joined the Classical Liberal Institute at the New York University School of Law in July of 2014 and is currently a Senior Fellow. He is also a Professor of Law and the F. Arnold Daum Fellow in Corporate Law at the University of Iowa College of Law.

Before joining the faculty at the University of Iowa, Professor Miller was a Professor of Law at the Villanova University School of Law and the Associate Director of the Matthew J. Ryan Center for the Study of Free Institutions and the Public Good at Villanova University. He has been a Visiting Professor of Law at the University of Pennsylvania Law School, a Visiting Assistant Professor of Law at the Cardozo Law School, and an Olin Fellow in Law and Economics at the Columbia Law School. Before entering academia, Professor Miller was an associate at Wachtell, Lipton, Rosen & Katz in New York. His scholarship concerns corporate and securities law, the economic analysis of law, and the philosophy of law, and he has taught courses in Business Associations, Mergers and Acquisitions, Law and Economics, Corporate Finance, Antitrust, and Contracts.

Professor Miller earned his J.D. from the Yale Law School where he was a Senior Editor of the Yale Law Journal and an Olin Fellow in Law, Economics and Public Policy. He earned his M.A. and M.Phil. degrees in philosophy from Columbia University, where he held a Mellon Fellowship in the Humanities from the Woodrow Wilson National Fellowship Foundation and a Western Civilization Fellowship from the Intercollegiate Studies Institute. He earned his B.A. in philosophy and mathematics from Columbia College.  His published works and working papers are available on his SSRN page.

Seth Oranburg

Program Affiliate Scholar

Professor Seth C. Oranburg studies the effect of law on innovation and the economy. His research includes Internet shareholder activism, crowdfunding, venture capital and angel investing, smart contracts, network effects, information brokerage, and other commercial activities that relate to securities regulation, corporate finance, business associations, contracts, and related legal issues. He publishes his research in esteemed journals such as the Rutgers University Law Review, Cornell Journal of Law & Public Policy, and Fordham Journal of Corporate Law, and he has been interviewed by popular publications such as the The Wall Street Journal, AboveTheLaw.com, and CommPro.biz.

Professor Oranburg teaches Contracts and Corporations at Duquesne Law. Before joining the Duquesne faculty in 2016, he taught legal writing courses at the Chicago-Kent College of Law and taught Corporations, Closely Held Business Organizations, and Electronic Discovery of Digital Evidence at the Florida State University College of Law. Professor Oranburg’s practice experience includes providing corporate counsel and managing venture capital transactions in Silicon Valley, California, and litigating antitrust matters in Washington, DC.

Professor Oranburg graduated with honors from the University of Chicago Law School, where he was a member of the Order of the Coif and a Kirkland & Ellis Scholar. He earned his bachelor's degree, magna cum laude, from the University of Florida with a double major in political science and English. Professor Oranburg is a member of the State Bar of California and the Bar of the District of Columbia.

Paul Rubin

Program Affiliate Scholar

Paul H. Rubin is Samuel Candler Dobbs Professor of Economics at Emory University, Past President of the Southern Economic Association and  former Editor of Managerial and Decision Economics.  He is associated with the Technology Policy Institute, the American Enterprise Institute, and the Independent Institute. Dr. Rubin has been a Senior Economist at President Reagan's Council of Economic Advisers, and has held senior positions U.S. Consumer Product Safety Commission and the Federal Trade Commission.  He has taught economics at Emory, the University of Georgia, City University of New York, VPI, and George Washington University Law School. Dr. Rubin has written or edited eleven books, and published over two hundred and fifty articles and chapters on economics, law, regulation, and evolution in professional journals, and he frequently contributes to the Wall Street Journal. His work has been cited in the professional literature over 9000 times. He has addressed numerous business, professional, policy, government and academic audiences, and frequently consults on the economics of legal issues. Dr. Rubin received his B.A. from the University of Cincinnati in 1963 and his Ph.D. from Purdue University in 1970.

Eva Dorrough

Program Manager

Eva Dorrough graduated magna cum laude from the University of Washington with a B.A. in Ethnomusicology and Comparative History of Ideas. After college, she interned at Smithsonian Folkways Recordings in Washington, DC and later worked in the College of Engineering at the University of Washington.