Epstein on the Rule of Law

<p>Richard Epstein of the University of Chicago and Stanford University's Hoover Institution talks with EconTalk host Russ Roberts about the rule of law. Epstein lays out a minimalist definition and a more expansive definition when considering the protection that individuals might have when facing the power of the state or the sovereign. Applications include &quot;takings&quot; and the current government interventions in the auto industry and the financial sector.</p>