Michael Munger

The main principle of trade policy is make or buy.   “Economics” comes from the Greek word oikonomia, deriving from oikos, meaning “house” or “household,” and nomos, meaning “law” or “rule”. […]

Supporters of tariffs claim that mainstream economists don’t understand the game. This “game” has been described by Peter Navarro as three-dimensional chess. I want to take that claim at face […]

There’s a famous experiment involving jams. Not problems, and not what old people call music, but the third thing: sweetened and thickened fruit spreads. The experiment famously showed that at […]

In his famously odd 1975 book, Platform for Change, the British business professor Stafford Beer made the following observation: So we follow our noses. Our noses are going to be […]

In 2009-10, I was invited to dozens of speaking opportunities, as well as lots of radio and television appearances, because of my association with the “Tea Party.” Though now increasingly […]

Flower Mound, Texas, is about thirty miles northwest of Dallas. It straddles two counties: Denton, in which Trump won 56 percent of the vote, and Tarrant, which was evenly split […]

There’s something happening here. What it is, ain’t exactly clear.   Around the world, there is growing impatience with the orthodoxies and condescension of the progressive left. In the past two […]

Politicians want to create jobs, “good-paying union jobs,” in existing industries.  But that’s not what markets do. The “destructive” part of creative destruction eliminates jobs in existing industries. In a […]