Thank you for watching this week's episode of the "Let People Prosper" podcast.
Today, I'm honored to be joined by Dr. Michael Munger, director of the interdisciplinary politics, philosophy, and economics program at Duke University and professor of political science, prolific author having published 200 articles and papers and seven books, and former president of the Public Choice Society.
We discuss:
1) How transaction costs, including regulations and political corruption, prolong poverty and prevent prosperity and the role of economic freedom in human flourishing;
2) Whether capitalism can work within America’s republic and the ways in which it's currently failing because of too much government; and
3) Why cutting taxes without cutting spending is futile and the need for de-regulation, especially in regards to housing.
Check out Dr. Munger's podcast, "The Answer is Transaction Costs" https://podcasts.apple.com/us/podcast/the-answer-is-transaction-costs/id1687215430
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