Senior Fellow
Michael Munger is a Professor of Political Science, Economics, and Public Policy at Duke University and Senior Fellow of the American Institute for Economic Research.
His degrees are from Davidson College, Washingon University in St. Louis, and Washington University.
Munger’s research interests include regulation, political institutions, and political economy.
โข
If you care about the environment, you should put your bottles and other glass in the regular garbage, every time.
โข
Smith demonstrated that if you really want to help other people, especially poor people, you need to support the growth of commercial society all over the globe.
โข
Bosses are part of firms, which are hierarchies, small self-contained networks of command within the larger system of market chaotic and unplanned market processes.
โข
The focus on social justice, even ahead of helping the desperate, seems to be something very deep in the human psyche. Still, our reason should be able to overcome it.
โข
The greed of the wealthy for showing off has led to a remarkably wealthy society, the most egalitarian culture the world has ever known.
โข
If you shut down sweatshops because you think people shouldnโt have to work in such bad conditions, are you really helping the poor folks who work there?
โข
There is a problem in public affairs. If there is a state, with the capacity to do good, the temptation to do something is irresistible.
โข
Non-excludability is really just a technological problem, because the ability to charge and withhold access is beyond our reach, at least at reasonable cost. But thatโs changing, fast.
โข
What preferences do you want? In traditional neoclassical economics, thatโs a nonsense question, because preferences are taken as idiosyncratic, fixed, and exogenous. Of course, thatโs only a modeling assumption; no one really claims thatโs descriptively accurate.
โข
The problem is that we have discarded importance in favor of interesting.
โข
If you care about the environment, you should put your bottles and other glass in the regular garbage, every time.
โข
Smith demonstrated that if you really want to help other people, especially poor people, you need to support the growth of commercial society all over the globe.
โข
Bosses are part of firms, which are hierarchies, small self-contained networks of command within the larger system of market chaotic and unplanned market processes.
โข
The focus on social justice, even ahead of helping the desperate, seems to be something very deep in the human psyche. Still, our reason should be able to overcome it.
โข
The greed of the wealthy for showing off has led to a remarkably wealthy society, the most egalitarian culture the world has ever known.
โข
If you shut down sweatshops because you think people shouldnโt have to work in such bad conditions, are you really helping the poor folks who work there?
โข
There is a problem in public affairs. If there is a state, with the capacity to do good, the temptation to do something is irresistible.
โข
Non-excludability is really just a technological problem, because the ability to charge and withhold access is beyond our reach, at least at reasonable cost. But thatโs changing, fast.
โข
What preferences do you want? In traditional neoclassical economics, thatโs a nonsense question, because preferences are taken as idiosyncratic, fixed, and exogenous. Of course, thatโs only a modeling assumption; no one really claims thatโs descriptively accurate.
โข
The problem is that we have discarded importance in favor of interesting.
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