Richard Epstein on the Oil Spill

Libertarian law professor Richard Epstein has a new column in Forbes about the Gulf of Mexico oil spill: "any sensible impatience with a misguided environmental imperialism is beside the point in current tragedy. From the earliest times, every legal system has treated the discharge of these deadly substances into the environment as a legal wrong to public and private property alike. The only real dispute is over the choice of the remedies used to compensate for past losses and to prevent future similar harm to public and private lands and to the people and wildlife that use them."