Americans historically have favored equality of opportunity and liberty with the knowledge that willingness to expose oneself to risk yields greater rewards for success and greater penalties for failure than are available under European style democratic socialism. In recent years, the role of the government in mitigating risk has expanded in a wide variety of areas: tort and contract law, health law, financial institutions, the auto industry and hurricane insurance, among others. How ought Americans to balance equality, liberty, and risk? Is America’s historical preference for risk and liberty a function of the frontier aspects of our history? Is this expanded role of government the necessary consequence of democracy over time? Or is it possible or desirable to reverse that expansion and, if so, how can it be done?
SATURDAY, NOVEMBER 20
Showcase Panel III: Equality, Liberty, and Risk
9:00 a.m. - 10:30 a.m.
- Prof. Carl T. Bogus, Professor of Law, Roger Williams University School of Law; Visiting Professor, Earle Mack School of Law at Drexel University
- Hon. Frank H. Easterbrook, United States Court of Appeals, Seventh Circuit
- Hon. C. Boyden Gray, Gray & Schmitz LLP, and former U.S. Ambassador to the European Union
- Prof. Christine Jolls, Gordon Bradford Tweedy Professor of Law and Organization, Yale Law School
- Moderator: Hon. Barrington D. Parker, Jr., United States Court of Appeals, Second Circuit
- Introduction: Mr. Dean A. Reuter, Director of Practice Groups, The Federalist Society
The Mayflower Hotel