Mike Munger, of Duke University, and Russ Roberts talk about the economics of politics, rent-seeking, lobbying and the sometimes perverse incentives of the political world.
Michael Munger of Duke University talks with Russ Roberts about the economics of ticket scalping, examining our reactions to free and found goods, gifts, e-Bay, value in use vs. value in exchange, and opportunity costs.
30 min
About Michael Munger on EconTalk
From the publisher's feed
Michael C. Munger, Director of the interdisciplinary Philosophy, Politics, and Economics (PPE) program at Duke University, appears regularly as a guest on EconTalk, the award-winning economics podcast…
hosted by Russ Roberts of Stanford University's Hoover Institution. Podcast episodes featuring Mike Munger are listed here. EconTalk has been taking the Monday out of Mondays since 2006. All 750+ episodes are available in the archive. Go to EconTalk.org for transcripts, related resources, and comments.