Michael Munger
-
Financial
What Americans Can Learn From Venezuela’s Crackdown on ‘Price Gougers’
"Ten years ago, Venezuela set out on a path to economic ruin and grave shortages of basic consumer goods, because…
Read More » -
Financial
Free Kids from Their Cells
"To keep our kids from harm, we have exposed them to brain-altering habits, online predators, and addictive pastimes that don’t…
Read More » -
Financial
Economic Observations of Beach Parking
"The idea of 'line up!' is deeply ingrained in most of us, to the point where we are angry if…
Read More » -
Financial
ULTRAs: The Worst Idea You’ve Never Heard Of
"Instead of taking two percent (say) of the liquidated value of the wealth, the state would simply take ownership of…
Read More » -
Financial
Government Failure in One Lesson
"Perhaps the easiest way to explain government failure in one lesson is to remember that there is no such thing…
Read More » -
Financial
Our Kids Have No Economic Immune Systems
"Kids are told they can do anything, that they are personally mighty and important. But they never have the experience…
Read More » -
Financial
Private Governance Will Make You Free
"Enforcement of these emergent rules can be accomplished largely by what Adam Smith called 'propriety,' rather than by armed employees…
Read More » -
Financial
The Magic Food Cupboard
"Every small aspect of the work that people do to deliver and stock those Whole Foods grocery shelves is noble,…
Read More » -
Financial
Look With Two Is
"Look at institutional arrangements as they actually play out, making the comparison by looking through two Is: information and incentives."…
Read More » -
Financial
Commoditizing Excess Capacity
"If all the cars, and apartments, have people using them, and all the tools have people making things with them,…
Read More »
