# Michael Munger
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Michael Curtis "Mike" Munger (; born September 23, 1958) is an economist and a former chair of the political science department at Duke University, where he continues to teach political science, public policy, and economics. He is a prolific writer, and his book Analyzing Policy: Choices, Conflicts, and Practices is now a standard work in the field of policy analysis. In 2008 he was the Libertarian candidate for Governor of North Carolina.
The Ethics Behind Economic Freedom | Michael C. Munger | Professor of Political Science and Economics at Duke University | Season 13 Episode 6 | #227
In this episode, I sit down with Michael Munger, Professor of Political Science and Economics at Duke University, to explore the moral foundations of markets. We examine what it means for exchange to be voluntary, why consent matters in economic life, and how markets can generate cooperation among …
Magnus Henrekson on Europe’s Green Vanities
Magnus Henrekson and collaborators have produced three important books exposing the fraudulence of Europe’s green projects and policies. He explains why the fraud persists despite the obviousness of its fraudulence. Two of the books have been treated in Econ Journal Watch, one review essay by one r…
Magnus Henrekson on Europe’s Green Vanities
Magnus Henrekson and collaborators have produced three important books exposing the fraudulence of Europe’s green projects and policies. He explains why the fraud persists despite the obviousness of its fraudulence. Two of the books have been treated in Econ Journal Watch, one review essay by Jo…
Hereditary Monarchy: At Least You Know Which Idiot Is Next
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Hereditary monarchy seems like a ridiculous way to pick a leader, yet it dominates most of human political history. We argue the reason is transaction costs: succession systems survive when they settle “who rules next” cheaply enough to prevent recurring civil war. • Why hereditary…
Regime Uncertainty: Political Risk is Transaction Cost!
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We walk through the weirdly powerful math that makes a stable $10,000 profit stream worth $50,000 in one world and $1,000,000 in another. Then we apply the same present value logic to politics and show how unpredictable rules raise transaction costs, inflate the effective discount …
Who's Afraid of Milton Friedman?
The American left despises Milton Friedman, blaming him for everything from neo-liberalism to designing authoritarian regimes all over the world. Yet Friedman's economic model has worked everywhere it has been tried. The idea that this history of consistent success is now outdated is at odds with b…
The Ship Has Sailed: Mike Munger on Medicare, Markets, and Debt
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Episode Summary
Duke political economist and podcast host Mike Munger (The Answer is Transaction Costs) joins Anthony DiGiorgio and Anish Koka to argue that what Americans call "health insurance" isn't insurance at all — it's a social program where, as Bastiat put it, everyone trie…
Episode 602 - The Answer Is Still Transaction Costs: Michael Munger Returns
Professor Michael Munger returns to The Soul of Enterprise for a fourth visit and once again, the answer is transaction costs. Ron and Ed catch up with the Duke University economist, political scientist, author, and host of The Answer Is Transaction Costs to explore some of the provocative question…
Interview with Michael Munger
Filippo Gaddo, Managing Director at Alvarez & Marsal, SPE Councillor and host of the Econ Thoughts SPE Podcast, spoke with Michael Munger, Professor of Political Science, Economics and Public Policy at Duke University, about transaction costs, regulation, the sharing economy and the continuing rele…
Is Classical Liberalism Losing America? with Michael Munger | LPP
Is classical liberalism losing ground in America?
Duke University professor Dr. Michael Munger joins me to discuss constitutional government, public choice, tariffs, free trade, and the institutions underlying a free and prosperous society.
We explore why restraints on government matter even when t…
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