Michael Munger

"Since if something is perfect, it must be desirable, a new generation of attorneys is attempting a wholesale takeover of…

"Look at institutional arrangements as they actually play out, making the comparison by looking through two Is: information and incentives."…

"If all the cars, and apartments, have people using them, and all the tools have people making things with them,…

"Our dependence on the ability to serve others in highly specialized ways is contingent on the rest of the system…

"Respect for the creators of ideas, and the words through which those ideas are conveyed in the literature, is the…

"For many routine tasks—and, honestly, most writing is routine, not creative—it is faster and actually better to have the AI…

Almost exactly 15 years ago, in September 2008, “my” side lost an attempt to rein in state rent-seeking efforts. It…

"The Argentine peso has lost 93 percent of its value in just the past 4 years. Anyone who could manage…

"One thousand people can be unimaginably more wealthy than eight people. Division of labor is the most important source of…

"The goal is not to raise raise revenue so we can support the poor; instead, the US is pursuing the…