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Michael Munger on the Perfect vs. the Good

EconTalk

The Difference Between Stigler and Friedman

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In my lifetime, the kind of arguments that we're talking about have fallen out of fashion. And I think that the challenge that I was trying to suggest earlier is why that might be the case. If you go back and look at Barry Goldwater's acceptance speech before the 1964 Republican Convention,. It's a philosophical essay. It's nothing like a modern political acceptance speech. The idea that they wrote this together or came together on this is, of course, someone entertaining.

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