EconTalk

Michael Munger on Permissionless Innovation

Oct 30, 2017 · 1 hr 7 min · Episode 601 · 65.2 MB
0:00-1:07:51

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Michael Munger of Duke University talks with EconTalk host Russ Roberts about permissionless innovation. Munger argues that the ability to innovate without permission is the most important concept of political economy. Munger defends this claim and explores the metaphor of emergent order as a dance, a metaphor coming from the German poet Schiller.