62 min listen
Munger on Love, Money, Profits, and Non-profits
Munger on Love, Money, Profits, and Non-profits
ratings:
Length:
65 minutes
Released:
Apr 19, 2010
Format:
Podcast episode
Description
Mike Munger of Duke University talks with EconTalk host Russ Roberts about the world of profit, money, love, gifts, and incentives. What motivates people, self-interest or altruism? Both obviously. But how do these forces interact with each other? Does relying on one always provide a stronger incentive than the other? Do charities, for-profit businesses or government agencies do a better job providing a good or service? Munger and Roberts have a wide-ranging discussion across these issues including a section where they discuss whether Christmas gift-giving and gift-giving in general is inefficient.
Released:
Apr 19, 2010
Format:
Podcast episode
Titles in the series (52)
Roberts on Smith, Ricardo, and Trade: Host Russ Roberts talks about the economics of trade, specialization, and comparative advantage. Roberts's monologue pulls together work by Smith, Ricardo, James Buchanan, Yong Yoon, and Paul Romer. Market size creates incentives for wealth via trade. by EconTalk Archives, 2010