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February 13, 2008

Epstein arguing against state based redistributions

Richard Epstein, I would bet will find a fairly unsympathetic audience in readers of this blog (in one of my law school classes the professor was very direct in saying that Epstein was assigned to provide the foil to the main thrust of the class, though I have found him useful for Property, as have the Dukeminier et al authors); nevertheless, I wanted to post a link to his newest paper, "Decentralized Responses to Good Fortune and Bad Luck." 

ABSTRACT: Most forms of egalitarian theory impose on government (and through it other people) to redress the inequalities of fortune that result from bad luck. This Article takes issue with the various forms of this large claim, and argues that decentralized forms of assistance are likely in the long run to do better by the very standards by which egalitarians justify their own program. The alleviation of poverty depends in the first instance on increases in wealth that can only come through private innovation and technological advances. These have in fact produced major improvements in overall well-being, with disproportionate advances for the poor. But if one starts with Dworkin's unsustainable distinction between option and brute luck, or Nussbaum and Sen's capability theory, then no egalitarian theory can deliver on the promise to level differences in wealth without seriously compromising overall levels of social welfare. By expanding the scope of government regulation, these proposals open the door to selfish political forces whose political clout ensures that ill-conceived programs, such as the Americans with Disabilities Act, frustrate the very goals they hope to achieve. State intervention to redistribute resources should be understood as a last resort for dealing with problems of ill fortune.

-E.R. erosser@wcl.american.edu

February 13, 2008 in Books/Articles/Reports of Interest | Permalink

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