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Michael Munger on Muck Rack

Michael Munger

Raleigh
As seen in: The Answer Is Transaction Costs, MSN, The New York Times, The Wall Street Journal, Applied Health Economics and Health Policy, Quartz, Substack, The Hill, University of Michigan, Flipboard, Yahoo Sports and
Prof @ Duke U Podcast: "The Answer is TC!" taitc.buzzsprout.com/ Suffering with STL Cards Retweets mean...nothing If you disagree, I'm probably wrong
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Articles

Baseball Is Being Watched More Than Ever. But Fewer People Are Falling in Love With It. Original

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By Michael Munger
| Reason Verified
Few American institutions illustrate the dynamics of creative destruction quite so vividly as baseball in the 21st century. Television empires have emerged and then been destroyed; streaming platforms have filled the void. New rules have been implemented, games have gotten shorter, and computers call balls and strikes. Attendance has stabilized after years of hand wringing about the game dying. Baseball is being seen by more people, in more ways, than ever before.
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Foundations of Public Choice: A Primer

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By Michael Munger, Gordon Tullock, James M. Buchanan
| Econlib
Public Choice is more than you think. The usual quick definition—“applying economics to the study of politics”—is not wrong, but it’s facile. Public Choice asks how political actors use information and respond to incentives. That’s a lot more than just an application of economic tools to a new context. Public Choice was born of a dissatisfaction with the lazy habit of identifying a “market failure” and then dispatching a unified, benevolent, and competent “government” to correct it.
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Seeing with Two I’s: States, Markets, and Some Advice for Us Liberals

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By Michael Munger
| liberalism.org
Liberalism has two mutually reinforcing aspects. The first is humility: I can’t assume I’m right. The second is toleration: I can’t assume you’re wrong. The practice of liberalism therefore rests on a strong, but rebuttable, deference to individual agency. That practice requires a deep skepticism of concentrations of power. Historically, the different flavors of liberalism have privileged some kinds of power and handicapped others.
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