64 min listen
Munger on Private and Public Rent-Seeking (and Chilean Buses)
Munger on Private and Public Rent-Seeking (and Chilean Buses)
ratings:
Length:
58 minutes
Released:
Aug 23, 2010
Format:
Podcast episode
Description
Mike Munger of Duke University talks with EconTalk host Russ Roberts about private and public rent-seeking. When firms compete for either private profit opportunities or government contracts, there are inevitably firms or people who spend resources but end up earning little or nothing. What are the differences, if any between these two forms of competition? How do they related to competitions that award prizes for discovering new technologies? The conversation begins with a discussion of a recent trip Munger took to Chile where he observed the current state of the Chilean bus system, a topic he has discussed in the past.
Released:
Aug 23, 2010
Format:
Podcast episode
Titles in the series (52)
Garett Jones on Macro and Twitter: Garett Jones talks with host Russ Roberts about the art of communicating economics via puzzles and provocative insights and Jones's Twitter strategy of posting quotes and puzzles. Are earmarks good? bad? What does the new workplace mean for productivity? by EconTalk Archives, 2010