Parhaat Michael Munger Podcastit (2024)

1
Michael Munger on the Future of Higher Education 1:07:55

4y ago1:07:55

1:07:55

In this 750th (!) episode, Duke University's Michael Munger talks with EconTalk host Russ Roberts about whether the pandemic might create an opportunity for colleges and universities to experiment and innovate. Munger is Professor of Political Science, Economics and Public Policy at Duke. He believes "top" schools can emerge from the current period…

1
Michael Munger on Crony Capitalism 1:10:11

5+ y ago1:10:11

1:10:11

Michael Munger of Duke University talks with EconTalk host Russ Roberts about whether real capitalism is unstable and leads inevitably to crony capitalism. They also discuss ways to prevent the descent into cronyism and speculate on their own blind spots.Kirjoittanut EconTalk: Russ Roberts and Mike Munger

1
Michael Munger on Sharing, Transaction Costs, and Tomorrow 3.0 1:10:18

6y ago1:10:18

1:10:18

Economist and author Michael Munger of Duke University talks about his book, Tomorrow 3.0, with EconTalk host Russ Roberts. Munger analyzes the rise of companies like Uber and AirBnB as an example of how technology lowers transactions costs. Users and providers can find each other more easily through their smartphones, increasing opportunity. Munge…

1
Michael Munger on Traffic 1:14:08

6+ y ago1:14:08

1:14:08

Does rush-hour traffic drive you crazy? Is a congestion tax on car travel a good idea? Michael Munger of Duke University talks with EconTalk host Russ Roberts about the economics of traffic and congestion taxes. It takes a while to get there (how appropriate!) but they eventually agree that a tax on congestion while reducing travel time is harmful …

1
Michael Munger on Permissionless Innovation 1:07:51

7y ago1:07:51

1:07:51

Michael Munger of Duke University talks with EconTalk host Russ Roberts about permissionless innovation. Munger argues that the ability to innovate without permission is the most important concept of political economy. Munger defends this claim and explores the metaphor of emergent order as a dance, a metaphor coming from the German poet Schiller.…

1
Michael Munger on the Basic Income Guarantee 1:04:17

8y ago1:04:17

1:04:17

Michael Munger of Duke University talks with EconTalk host Russ Roberts about the virtues and negatives of a basic guaranteed income--giving every American adult an annual amount of money to guarantee a subsistence level of well-being. How would such a plan work? How would it interact with current anti-poverty programs? How would it affect recipien…

1
Munger on Slavery and Racism 1:14:28

8y ago1:14:28

1:14:28

Michael Munger of Duke University talks with EconTalk host Russ Roberts about how attitudes in the American South toward slavery evolved over time and what we can learn from that evolution about the role culture plays in our lives.Kirjoittanut EconTalk: Russ Roberts and Mike Munger

1
Michael Munger on EconTalk's 500th Episode 1:13:34

9y ago1:13:34

1:13:34

Michael Munger of Duke University makes his 29th appearance on the 500th episode of EconTalk alongside EconTalk host Russ Roberts. He talks about his personal intellectual journey, his interest in public choice, and Unicorn economics. Other topics include the origins of EconTalk, Roberts's intellectual roots, and the EconTalk theme music. The conve…

1
Michael Munger on Choosing in Groups 1:15:12

9+ y ago1:15:12

1:15:12

Michael Munger of Duke University talks with EconTalk host Russ Roberts about his latest book (co-authored with Kevin Munger), Choosing in Groups. Munger lays out the challenges of group decision-making and the challenges of agreeing on constitutions or voting rules for group decision-making. The conversation highlights some of the challenges of ma…

1
Russ Roberts and Mike Munger on How Adam Smith Can Change Your Life 1:04:23

10y ago1:04:23

1:04:23

EconTalk host Russ Roberts is interviewed by long-time EconTalk guest Michael Munger about Russ's new book, How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness. Topics discussed include how economists view human motivation and consumer behavior, the role of conscience and self-interest in acts of kindness, and the…

1
Michael Munger on the Sharing Economy 1:03:04

10+ y ago1:03:04

1:03:04

Mike Munger of Duke University talks with EconTalk host Russ Roberts about the sharing economy--companies like Uber, AirBnB, FlightApp, and DogVacay that let people share their houses, cars, or other assets with strangers in exchange for money. These companies dramatically increase the use of resources that would otherwise be idle and disrupt exist…

1
Munger on Milk 1:00:59

11y ago1:00:59

1:00:59

Mike Munger of Duke University talks with EconTalk host Russ Roberts about why milk is in the back of the grocery store. Michael Pollan and others argue that milk is in the back so that customers, who often buy milk, will be forced to walk through the entire story and be encouraged by the trek to buy other items. Munger and Roberts argue that compe…

1
Munger on John Locke, Prices, and Hurricane Sandy 1:04:58

12y ago1:04:58

1:04:58

Mike Munger of Duke University talks with EconTalk host Russ Roberts about the gas shortage following Hurricane Sandy and John Locke's view of the just price. Drawing on a short, obscure essay of Locke's titled "Venditio," Munger explores Locke's views on markets, prices, and morality.Kirjoittanut EconTalk: Russ Roberts and Mike Munger

1
Munger on Profits, Entrepreneurship, and Storytelling 1:04:04

13y ago1:04:04

1:04:04

Mike Munger of Duke University talks with EconTalk host Russ Roberts about profit. What is profit's role in allocating resources? How should we feel about the people who earn profits or who take them in ways that may not be earned? How easy is it to discover profitable opportunities? Munger examines these questions through a series of stories, real…

1
Munger on Exchange, Exploitation and Euvoluntary Transactions 1:02:42

13+ y ago1:02:42

1:02:42

Mike Munger of Duke University talks with EconTalk host Russ Roberts about the psychology, sociology, and economics of buying and selling. Why are different transactions that seemingly make both parties better off frowned on and often made illegal? In theory, all voluntary transactions should make both parties better off. But Munger argues that som…

1
Munger on Microfinance, Savings, and Poverty 58:10

13+ y ago58:10

58:10

Mike Munger of Duke University talks with EconTalk host Russ Roberts about microfinance. Munger argues that cultural forces make it difficult for some families to save, and the main value of microfinance is to allow a higher level of savings. Families are willing to save via microfinance even though returns can be negative. Munger argues that this …

1
Munger on Private and Public Rent-Seeking (and Chilean Buses) 58:27

14y ago58:27

58:27

Mike Munger of Duke University talks with EconTalk host Russ Roberts about private and public rent-seeking. When firms compete for either private profit opportunities or government contracts, there are inevitably firms or people who spend resources but end up earning little or nothing. What are the differences, if any between these two forms of com…

1
Munger on Love, Money, Profits, and Non-profits 1:05:01

14+ y ago1:05:01

1:05:01

Mike Munger of Duke University talks with EconTalk host Russ Roberts about the world of profit, money, love, gifts, and incentives. What motivates people, self-interest or altruism? Both obviously. But how do these forces interact with each other? Does relying on one always provide a stronger incentive than the other? Do charities, for-profit busin…

1
Munger on Many Things 1:12:45

15y ago1:12:45

1:12:45

Mike Munger of Duke University talks with EconTalk host Russ Roberts about many things. Listeners sent in questions for Mike and Russ to talk about and they chose ten of the most interesting questions with the idea of talking about each for six minutes. The topics are the scarcity of clean water, asset bubbles, the role of Fannie and Freddie in the…

1
Munger on Shortages, Prices, and Competition 1:08:00

15y ago1:08:00

1:08:00

Mike Munger of Duke University talks with EconTalk host Russ Roberts about the limits of prices and markets, especially in the area of health. They talk about vaccines, organ transplants, the ethics of triage and what role price should play in allocating. The discussion concludes with a discussion of how markets respond to price controls, particula…

1
Munger on Cultural Norms 58:33

15y ago58:33

58:33

Michael Munger of Duke University talks with EconTalk host Russ Roberts about cultural norms--the subtle signals we send to each other in our daily interactions. Mike, having returned from a four-month stint as a visiting professor in Germany, talks about the challenges of being an American in a different culture with very different expectations on…

1
Munger on Franchising, Vertical Integration, and the Auto Industry 57:16

15+ y ago57:16

57:16

Michael Munger, of Duke University, talks with EconTalk host Russ Roberts about franchising, particularly car dealerships. Munger highlights how the dealers used state regulations to protect their profits and how bankruptcy appears to be unraveling that strategy. The main themes of the conversation are the incentives in the franchising relationship…

1
Munger on Middlemen 1:12:35

16y ago1:12:35

1:12:35

Mike Munger of Duke University talks with EconTalk host Russ Roberts about the often-vilified middleman--someone who buys cheap, sells dear and does nothing to improve the product. Munger explains the economic function of arbitrage using a classic article about how prices emerged in a POW camp during World War II. Munger then applies the analysis t…

1
Munger on the Political Economy of Public Transportation 56:07

16+ y ago56:07

56:07

Michael Munger of Duke University talks with EconTalk host Russ Roberts about Munger's recent trip to Chile and the changes Chile has made to Santiago's bus system. What was once a private decentralized system with differing levels of quality and price has been transformed into a system of uniform quality designed from the top down. How has the new…

1
Munger on Subsidies and Externalities 1:02:18

16+ y ago1:02:18

1:02:18

Mike Munger of Duke University talks with EconTalk host Russ Roberts about the economics of subsidies. What is the economic argument for subsidies? What is the history of the economic argument and what is its relevance today? Munger draws on his personal experience as a farmer to help listeners understand the pros and cons of using government-funde…

1
Munger on the Nature of the Firm 1:02:23

17y ago1:02:23

1:02:23

Mike Munger, of Duke University, talks about why firms exist. If prices and markets work so well (and they do) in steering economic resources, then why does so much economic activity take place within organizations that use command-and-control, top-down, centralized structures called firms? Within a firm, most of the goods and services that the wor…

1
Munger on Fair Trade and Free Trade 58:58

17y ago58:58

58:58

Mike Munger, frequent guest and longtime Econlib contributor, speaks with EconTalk host Russ Roberts about fair trade coffee and free trade agreements. Does the premium for fair trade coffee end up in the hands of the grower? What economic forces might stop that from happening? They discuss the business strategy of using higher wages as a marketing…

1
Grab Bag: Munger and Roberts on Recycling, Peak Oil and Steroids 1:05:19

17y ago1:05:19

1:05:19

Mike Munger, of Duke University, and EconTalk host Russ Roberts clean up some loose ends from their previous conversation on recycling, move on to talk about the idea of buying local to reduce one's carbon footprint and then talk about the idea of peak oil. They close the conversation with the Rick Ankiel story and the implications for the Barry Bo…

1
Munger on Recycling 1:02:30

17+ y ago1:02:30

1:02:30

Mike Munger, professor of economics and political science at Duke University and frequent guest of EconTalk, talks with host Russ Roberts about the economics and politics of recycling. Munger argues that recycling can save resources, of course, but it can also require more resources than production from scratch. Some curbside recycling, for example…

1
Mike Munger on the Division of Labor 1:01:37

17+ y ago1:01:37

1:01:37

Mike Munger of Duke University and EconTalk host Russ Roberts talk about specialization, the role of technology in aiding specialization and how the division of labor creates wealth.Kirjoittanut EconTalk: Russ Roberts and Mike Munger

1
Munger on Price Gouging 1:00:08

18y ago1:00:08

1:00:08

Mike Munger of Duke University recounts the harrowing (and fascinating) experience of being in the path of a hurricane and the economic forces that were set in motion as a result. One of the most important is the import of urgent supplies when thousands of people are without electricity. Should prices be allowed to rise freely or should the governm…

1
Private vs. Public Risk-Taking 51:05

18y ago51:05

51:05

Mike Munger and Russ Roberts discuss the differences between public and private risk-taking. Their conversation includes the history of Honda, the Apple computer and even the use of turkey carcasses as an energy source. They also try to understand why the public is skeptical of good new ideas but often embraces bad new ideas.…

1
Giving Away Money: An Economist's Guide to Political Life 28:51

18+ y ago28:51

28:51

Mike Munger, of Duke University, and Russ Roberts talk about the economics of politics, rent-seeking, lobbying and the sometimes perverse incentives of the political world.Kirjoittanut EconTalk: Russ Roberts and Mike Munger

1
Ticket Scalping and Opportunity Cost 29:45

18+ y ago29:45

29:45

Michael Munger of Duke University talks with Russ Roberts about the economics of ticket scalping, examining our reactions to free and found goods, gifts, e-Bay, value in use vs. value in exchange, and opportunity costs.Kirjoittanut EconTalk: Russ Roberts and Michael Munger

Kuuntelemisen arvoisia podcasteja

Michael Munger podcastit

Kuuntelemisen arvoisia podcasteja

1
Michael Munger on EconTalk

EconTalk: Mike Munger and Russ Roberts

1
Michael Munger on the Future of Higher Education 1:07:55

1
Michael Munger on Crony Capitalism 1:10:11

1
Michael Munger on Sharing, Transaction Costs, and Tomorrow 3.0 1:10:18

1
Michael Munger on Traffic 1:14:08

1
Michael Munger on Permissionless Innovation 1:07:51

1
Michael Munger on the Basic Income Guarantee 1:04:17

1
Munger on Slavery and Racism 1:14:28

1
Michael Munger on EconTalk's 500th Episode 1:13:34

1
Michael Munger on Choosing in Groups 1:15:12

1
Russ Roberts and Mike Munger on How Adam Smith Can Change Your Life 1:04:23

1
Michael Munger on the Sharing Economy 1:03:04

1
Munger on Milk 1:00:59

1
Munger on John Locke, Prices, and Hurricane Sandy 1:04:58

1
Munger on Profits, Entrepreneurship, and Storytelling 1:04:04

1
Munger on Exchange, Exploitation and Euvoluntary Transactions 1:02:42

1
Munger on Microfinance, Savings, and Poverty 58:10

1
Munger on Private and Public Rent-Seeking (and Chilean Buses) 58:27

1
Munger on Love, Money, Profits, and Non-profits 1:05:01

1
Munger on Many Things 1:12:45

1
Munger on Shortages, Prices, and Competition 1:08:00

1
Munger on Cultural Norms 58:33

1
Munger on Franchising, Vertical Integration, and the Auto Industry 57:16

1
Munger on Middlemen 1:12:35

1
Munger on the Political Economy of Public Transportation 56:07

1
Munger on Subsidies and Externalities 1:02:18

1
Munger on the Nature of the Firm 1:02:23

1
Munger on Fair Trade and Free Trade 58:58

1
Grab Bag: Munger and Roberts on Recycling, Peak Oil and Steroids 1:05:19

1
Munger on Recycling 1:02:30

1
Mike Munger on the Division of Labor 1:01:37

1
Munger on Price Gouging 1:00:08

1
Private vs. Public Risk-Taking 51:05

1
Giving Away Money: An Economist's Guide to Political Life 28:51

1
Ticket Scalping and Opportunity Cost 29:45

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