#SCOTUS: The Administrative States and Its Discontent. Richard Epstein, Hoover
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 2 May 2023
⏱️ 13 minutes
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#SCOTUS: The Administrative States and Its Discontent. Richard Epstein, Hoover
https://www.hoover.org/research/welcome-rebuke-administrative-state
Transcript
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| 0:00.0 | Hello Albert Einstein here. Today I've popped into Dev's cafe. He's one of many business owners |
| 0:07.3 | who are already using a smart meter to feel more in control of their budgeting. A smart meter helps |
| 0:13.4 | you track your energy use and costs over time so you know how much you're spending on your energy |
| 0:19.3 | bills, meaning less time guessing and more time to focus on the other important... Do you want milk |
| 0:24.3 | with that? Pits of your business. Such can a smart meter today. A legibility may vary consumer |
| 0:29.2 | action required. This is CBS by Underworld. I'm John Batser. US Supreme Court made it easier to |
| 0:40.5 | challenge the regulatory power of federal agencies in two important rulings backing |
| 0:45.0 | axon enterprise incorporates bid to sue the Federal Trade Commission and a Texas Accountants |
| 0:51.2 | gripe with the Securities and Exchange Commission. That is the wordy explanation to what |
| 0:57.5 | it from Reuters is in fact a nine to nothing ruling by the Supreme Court. The same court that said |
| 1:04.2 | to be forever divided along ideological grounds has come together over a matter involving the |
| 1:10.8 | administrative state. That metaphor is everything as we go forward. I welcome Professor Richard Epstein |
| 1:19.7 | of the Hoover Institution who has long spoken of the administrative state and writes most recently |
| 1:26.4 | at the Hoover and Hoover institutions defining ideas of this decision by the Supreme Court |
| 1:32.9 | of the original cases themselves of the FTC and the SEC. Those are acronyms for the administrative |
| 1:40.8 | state. Richard, it's a pleasure to watch you write about this. I could see the joy in your paragraphs |
| 1:48.1 | for defining ideas because though the Supreme Court decided nine to nothing, there were so many |
| 1:54.8 | different directions and what I would say looking like dead ends in the explanation. We believe the |
| 2:02.4 | administrative state will survive to fight another day. Hooray. Richard, good evening to you. |
| 2:08.1 | What is it that the court saw in this case that it rejected the SEC and the FTC's aggression? |
| 2:15.4 | Good evening to you. Well, aggression is a strong but accurate word in this case. I think basically |
| 2:20.8 | this case operated on two levels. The first level is one of intuitive fairness, which they really |
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