Michael Munger
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.
Books by Michael Munger
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Smart Contracts Are All Around You
You should be able to take advantage of smart contracts in many ways, and in many situations, if you just understand smart contracts are a way of managing contingencies.
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Managing Change Is Harder Than It Seems
Social systems must be able to serve people in periods of stability, by creating predictable patterns of rules and expectations, and to serve people in times of disruption, by fostering innovation and entrepreneurship without breaking down.
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We Can Build the Roads, and Other Things Too
Roads are emphatically not public goods, and many other nations have solved the problems of road use and financing by decentralizing provision and control.
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Capitalism in Three Principles
Michael Munger found it useful to summarize the argument for capitalism briefly, and in some ways superficially.
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There Is No Faith Without Volition
The core of all three major religions is on individual faith, independently arrived at conclusions arrived at through persuasion, and the voluntary pursuit of worship. This is something to be celebrated, along with Passover, Easter, Bara’a Night, or whatever you have voluntarily decide to believe is holy.
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Maybe Bosses Do Wear Bunny Slippers
There are some clear advantages to the gig economy, for both workers who have specialized skills and for companies trying to remain small and nimble.
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Capitalism Saved Sweden
If you think Sweden is socialist, then you know something that just ain’t so.
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Is Capitalism Sustainable?
At some point, the last dollar invested in honest profits is going to return less than the first dollar to be spent on cronyism. After that, the firm becomes dependent on the state.
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Is Capitalism Worth Saving?
A clear-eyed comparison of the alternatives actually available to us reveal why all the world’s developed nations use some version of capitalism. The only people who advocate socialism are those who don’t know how it actually works.
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The Secret History of Tamales Offers a Lesson in Humility
The history of tamales offers a powerful historical lesson about humility: most of the time, we don’t understand why rules are good, and we certainly should doubt our ability to choose reforms that will be better.
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•
Smart Contracts Are All Around You
You should be able to take advantage of smart contracts in many ways, and in many situations, if you just understand smart contracts are a way of managing contingencies.
-
•
Managing Change Is Harder Than It Seems
Social systems must be able to serve people in periods of stability, by creating predictable patterns of rules and expectations, and to serve people in times of disruption, by fostering innovation and entrepreneurship without breaking down.
-
•
We Can Build the Roads, and Other Things Too
Roads are emphatically not public goods, and many other nations have solved the problems of road use and financing by decentralizing provision and control.
-
•
Capitalism in Three Principles
Michael Munger found it useful to summarize the argument for capitalism briefly, and in some ways superficially.
-
•
There Is No Faith Without Volition
The core of all three major religions is on individual faith, independently arrived at conclusions arrived at through persuasion, and the voluntary pursuit of worship. This is something to be celebrated, along with Passover, Easter, Bara’a Night, or whatever you have voluntarily decide to believe is holy.
-
•
Maybe Bosses Do Wear Bunny Slippers
There are some clear advantages to the gig economy, for both workers who have specialized skills and for companies trying to remain small and nimble.
-
•
Capitalism Saved Sweden
If you think Sweden is socialist, then you know something that just ain’t so.
-
•
Is Capitalism Sustainable?
At some point, the last dollar invested in honest profits is going to return less than the first dollar to be spent on cronyism. After that, the firm becomes dependent on the state.
-
•
Is Capitalism Worth Saving?
A clear-eyed comparison of the alternatives actually available to us reveal why all the world’s developed nations use some version of capitalism. The only people who advocate socialism are those who don’t know how it actually works.
-
•
The Secret History of Tamales Offers a Lesson in Humility
The history of tamales offers a powerful historical lesson about humility: most of the time, we don’t understand why rules are good, and we certainly should doubt our ability to choose reforms that will be better.