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.
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“The plaintiffs were all taxpayers in NC, but we had no actual say about how those payments taken from us were to be spent, even if the spending violated the Constitution of the state.” ~Michael Munger
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“The Argentine peso has lost 93 percent of its value in just the past 4 years. Anyone who could carry out transactions using dollars always did so; holding pesos was little different from simply setting your wealth on fire.” ~Michael Munger
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“The goal is not to raise revenue so we can support the poor; instead, the US is pursuing the simpler goal of eliminating private concentrations of wealth.” ~Michael Munger
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“State ‘incentive’ packages do more than pay companies the difference in costs. Politicians have every reason to pay up to, and beyond, the entire economic benefit to the state, because their calculus counts costs as benefits.” ~ Michael Munger
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“The incentives of politicians and the goals of citizens can diverge, and nowhere is that divergence more obvious than in the case of targeted, private benefits to specific corporations paid for at public expense.” ~ Michael Munger
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” An emergent system of division of labor based on impersonal commercial exchange, then, can substitute for benevolence.” ~ Michael Munger
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“The notion of ‘independent’ agencies was a holdover conceit of the Progressive eraโthe FTC was founded in 1914โbased on the idea that citizens were faced with large, concentrated forces they had no hope of dealing with, but which could be managed with the seraphic wisdom of benevolent experts.” ~ Michael Munger
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” Since everyone looks to prices for accurate information about relative scarcity, having prices that are being inflated artificially is misleading, and results in multiple different economic actors all trying to expand at once.” ~ Michael Munger
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“Golf is a great way to learn to do things for yourself. Even when youโre playing with other people, youโre playing only against yourself, keeping your own score and holding yourself accountable to a set of rules that it is your own responsibility to internalize.” ~ Michael Munger
โข
“Smith makes a claim about human sentiments that seems monstrous, but which is perfectly plausible: we focus mostly on ourselves.” ~ Michael Munger
โข
“The plaintiffs were all taxpayers in NC, but we had no actual say about how those payments taken from us were to be spent, even if the spending violated the Constitution of the state.” ~Michael Munger
โข
“The Argentine peso has lost 93 percent of its value in just the past 4 years. Anyone who could carry out transactions using dollars always did so; holding pesos was little different from simply setting your wealth on fire.” ~Michael Munger
โข
“The goal is not to raise revenue so we can support the poor; instead, the US is pursuing the simpler goal of eliminating private concentrations of wealth.” ~Michael Munger
โข
“State ‘incentive’ packages do more than pay companies the difference in costs. Politicians have every reason to pay up to, and beyond, the entire economic benefit to the state, because their calculus counts costs as benefits.” ~ Michael Munger
โข
“The incentives of politicians and the goals of citizens can diverge, and nowhere is that divergence more obvious than in the case of targeted, private benefits to specific corporations paid for at public expense.” ~ Michael Munger
โข
” An emergent system of division of labor based on impersonal commercial exchange, then, can substitute for benevolence.” ~ Michael Munger
โข
“The notion of ‘independent’ agencies was a holdover conceit of the Progressive eraโthe FTC was founded in 1914โbased on the idea that citizens were faced with large, concentrated forces they had no hope of dealing with, but which could be managed with the seraphic wisdom of benevolent experts.” ~ Michael Munger
โข
” Since everyone looks to prices for accurate information about relative scarcity, having prices that are being inflated artificially is misleading, and results in multiple different economic actors all trying to expand at once.” ~ Michael Munger
โข
“Golf is a great way to learn to do things for yourself. Even when youโre playing with other people, youโre playing only against yourself, keeping your own score and holding yourself accountable to a set of rules that it is your own responsibility to internalize.” ~ Michael Munger
โข
“Smith makes a claim about human sentiments that seems monstrous, but which is perfectly plausible: we focus mostly on ourselves.” ~ Michael Munger
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