EconTalk | 18 September 2023 | 1h 11m | Listen Later 
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Podcasts | Spotify
Interview with Michael Munger about his article Adam Smith Discovered (and Solved!) the Trolley Problem. Argues that Adam Smith anticipated and answered the classic trolley thought experiment about diverting a runaway trolley to save five people, at the expense of killing an innocent person. Along the way, discusses effective altruism, the moral claims of Peter Singer, what the trolley problem really tells us, if anything, and how our moral choices differ according to context.
Tag: Michael Munger
Michael Munger on Obedience to the Unenforceable
EconTalk | 19 June 2023 | 1h 10m | Listen Later | Podcasts | Spotify
Interview with Michael Munger about Lord Moulton’s article Law and Manners. Discusses how civilization and the pleasantness of everyday life depend on unwritten rules. Lord Moulton described complying with these rules as “obedience to the unenforceable” – the area of personal choice that falls between illegal acts and complete freedom.
Michael Munger on Free Markets
EconTalk | 9 August 2021 | 1h 10m | Listen Later | iTunes | Spotify
Interview with Michael Munger about the virtues and the flaws of free markets. Explains the moral case for free-market prices. Describes how artificially low prices encourage us to act selfishly, whereas freely adjusting prices give us an opportunity to take the needs of other people into account.
Michael Munger on Sharing, Transaction Costs, and Tomorrow 3.0
EconTalk | 29 October 2018 | 1h 10m | Listen Later | iTunes
Economist Michael Munger talks about his book, Tomorrow 3.0. Munger uses the rise of companies like Uber and AirBnB to illustrate the role of transaction costs in understanding the sharing economy. Users and providers can find each other more easily through their smartphones, increasing opportunity. Munger expects these costs to fall elsewhere and predicts an expansion of the sharing economy to a wide array of items in our daily lives.
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