Munger: Most people don't agree that both matter. They just pick the one they like. But there are times when it is effectively binding, and it does constrain. It might only matter once every four years, but that's a really important time. Munger: We need actually have a discussion and an agreement on a new constitution.
More than we need rules, argues Michael Munger, we need rules about the rules. So does the United States need a new Constitution? Listen as the Duke University economist and political scientist talks to host Russ Roberts about public choice, consenting to coercion, and whether constitutions matter.