Private vs. Public Risk-Taking, EconTalk Permanent Podcast Link: Library of Economics and Liberty

October 03, 2006, Featuring Mike Munger

Michael Munger Mike Munger and EconTalk's Russ Roberts discuss the differences between public and private risk-taking. Their conversation includes the history of Honda, the Apple computer and even the use of turkey carcasses as an energy source. They also try to understand why the public is skeptical of good new ideas but often embraces bad new ideas.

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Time: 51.5

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Readings and Links related to this podcast

Podcast Readings HIDE READINGS
More on the media voter: The Median Voter Model, by Roger D. Congleton The Pet-a-way Invention at YouTube Killing germs, reducing waste, making oil: TDP might be the next big thing including Turkey Carcasses. By Andrew Kantor. An online game based on Bruce Yandle's theories: The Butcher of Philadelphia on bootleggers and Baptists. By Steve Miller. Milton Friedman on the unholy coalition that supports minimum wage legislation More can be found by searching that site for the word "unholy." Bastiat's view of the State, referenced in The Law, by Frederic Bastiat. The Friedman podcast where the educational effect of bad policies is discussed

Podcast Readings

More on the media voter: The Median Voter Model, by Roger D. Congleton

The Pet-a-way Invention at YouTube

Killing germs, reducing waste, making oil: TDP might be the next big thing including Turkey Carcasses. By Andrew Kantor.

An online game based on Bruce Yandle's theories: The Butcher of Philadelphia on bootleggers and Baptists. By Steve Miller.

Milton Friedman on the unholy coalition that supports minimum wage legislation More can be found by searching that site for the word "unholy."

Bastiat's view of the State, referenced in The Law, by Frederic Bastiat.

The Friedman podcast where the educational effect of bad policies is discussed

Addendum: Check out a follow-up question addressed in the Mailbag (Time Mark 54:01) Featured Speakers and Categories: Mike Munger on Public Choice

Posted by Russ Roberts

Top of page/Podcast info | Latest Comment [No. 3]

Comments (3)

Lars Smith wrote:

Great interview, but I wish Russ Roberts would give his very interesting interviewees a chance to get words in sideways, once in a while.

Posted on October 6, 2006 02:42 AM

Lauren wrote:

Hi, Lars. I see you are from France! Welcome to EconTalk!

The format on EconTalk is intended to be more conversational than a typical one-sided radio interview. The idea is to bring the listener one step closer to what an actual economics discussion over lunch between Russ and his guests would be like. It's a cross between an interview and the give-and-take that happens when colleagues get together.

Unlike most radio interviewers, Russ is a professor in the same field as the featured speakers--economics. He has coffee and lunch often with many of his guests.

Your comment is welcome! Perhaps the weights given to interview vs. conversation are worth reconsideration. We've received votes in email and comments on both sides. We welcome further discussion.

Posted on October 6, 2006 06:41 AM

Chuck wrote:

I agree with you Lauren...Russ makes Econ Talk what it is, he should not be censored!

Russ, keep up the great work. I absolutely love listening to your interviews.

Posted on October 11, 2006 05:32 PM

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