World Model · podcast knowledge graph

Michael Munger on Exchange, Exploitation and Euvoluntary Transactions

2011-06-20 · 63 min · episode 268 · 18 entities

episode page audio

Asserted relationships

  • → appeared on EconTalk podcast
    0.63
    evidence rules-v4
    Michael Munger on Exchange, Exploitation and Euvoluntary Transactions
  • → hosted by Russ Roberts person
    0.55
    evidence rules-v4
    Feed author/publisher: Russ Roberts
  • → hosted by Library of Economics and Liberty person
    0.55
    evidence rules-v4
    Feed author/publisher: Library of Economics and Liberty
  • → discusses Society & Culture concept
    0.40
    evidence rules-v4
    Feed category: Society & Culture
  • → discusses Science concept
    0.40
    evidence rules-v4
    Feed category: Science
  • → discusses Philosophy concept
    0.40
    evidence rules-v4
    Feed category: Philosophy
  • → discusses Education concept
    0.40
    evidence rules-v4
    Feed category: Education
  • → discusses Courses concept
    0.40
    evidence rules-v4
    Feed category: Courses
  • → discusses Social Sciences concept
    0.40
    evidence rules-v4
    Feed category: Social Sciences

Entities found in this episode

concepts 12

  • mentioned Society & Culture concept
    0.50
    evidence rules-v4
    Feed category: Society & Culture
  • mentioned Science concept
    0.50
    evidence rules-v4
    Feed category: Science
  • mentioned Philosophy concept
    0.50
    evidence rules-v4
    Feed category: Philosophy
  • mentioned Education concept
    0.50
    evidence rules-v4
    Feed category: Education
  • mentioned Courses concept
    0.50
    evidence rules-v4
    Feed category: Courses
  • mentioned Social Sciences concept
    0.50
    evidence rules-v4
    Feed category: Social Sciences
  • discusses Society & Culture concept
    0.40
    evidence rules-v4
    Feed category: Society & Culture
  • discusses Science concept
    0.40
    evidence rules-v4
    Feed category: Science
  • discusses Philosophy concept
    0.40
    evidence rules-v4
    Feed category: Philosophy
  • discusses Education concept
    0.40
    evidence rules-v4
    Feed category: Education
  • discusses Courses concept
    0.40
    evidence rules-v4
    Feed category: Courses
  • discusses Social Sciences concept
    0.40
    evidence rules-v4
    Feed category: Social Sciences

persons 5

  • mentioned Russ Roberts person
    0.70
    evidence rules-v4
    Feed author/publisher: Russ Roberts
  • 0.70
    evidence rules-v4
    Feed author/publisher: Library of Economics and Liberty
  • mentioned Michael Munger person
    0.66
    evidence rules-v4
    Michael Munger on Exchange, Exploitation and Euvoluntary Transactions
  • hosted by Russ Roberts person
    0.55
    evidence rules-v4
    Feed author/publisher: Russ Roberts
  • 0.55
    evidence rules-v4
    Feed author/publisher: Library of Economics and Liberty

podcasts 1

  • appeared on EconTalk podcast
    0.63
    evidence rules-v4
    Michael Munger on Exchange, Exploitation and Euvoluntary Transactions
Episode description as stored
Mike Munger of Duke University talks with EconTalk host Russ Roberts about the psychology, sociology, and economics of buying and selling. Why are different transactions that seemingly make both parties better off frowned on and often made illegal? In theory, all voluntary transactions should make both parties better off. But Munger argues that some transactions are more voluntary than others. Munger lists the attributes of a truly voluntary transaction, what he calls a euvoluntary transaction and argues that when transactions are not euvoluntary, they may be outlawed or seen as immoral. Related issues that are discussed include price gouging after a natural disaster, blackmail, sales of human organs, and the employment of low-wage workers.