The Rational Egoist - Examining Unicorn Governance and the Messiah Complex

In this episode of The Rational Egoist, host Michael Liebowitz interviews Michael Munger, an economist and professor at Duke University, on the topic of unicorn governance and the messiah complex. Munger discusses his article on the conceptions that people have about what the economy should look like, and how this often leads to people on the left wanting an ideal government with benevolent motives. However, this model does not work, and blaming capitalism and greedy landlords only serves to avoid fixing the real problem with government. The conversation also delves into the concept of the messiah complex, where people blame the current government for not working and vote for someone else in the hope that they will be better. Munger highlights the importance of trusting free markets and self-interest, and how this has worked better than advocating for government responsibility. Tune in to this thought-provoking episode to gain insights into the complexities of human decision-making and the flaws of government-led collective efforts.