June 2006

Russ Roberts and Mike Munger of Duke University talk about the economics of politics, rent-seeking, lobbying and the sometimes perverse incentives of the political world.

Russ Roberts looks at the economics and science of intermittent explosive disorder—violent rage out of proportion to its cause. Was the recent study that discovered this problem good science or unreliable? Was the media coverage of the study accurate? How do state insurance regulations create incentives for intellectual dishonesty?

Russ Roberts and Richard Epstein, law professor at the University of Chicago, discuss the market for kidneys. Should people be allowed to buy and sell kidneys? How might a market for kidneys actually work in practice? Should mercenary motives be allowed to trump altruism? Epstein deals with these questions and more.