The Administrative State
Explore the complexities of the administrative state and the potential for regulatory capture as agencies like the Environmental Protection Agency and the FCC work closely with the industries they regulate. Richard explains how industry groups and environmental organizations constantly vie for influence, making the outcome of these struggles indeterminate. Additionally, he discusses the conflicting interests within the agencies themselves and how the issue of capture is built into the statutes.In this clip
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Richard Epstein on the Constitution
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