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Explore Why Rules Matter More Than People Realize | Michael Munger | CurioTalk Ep. 2 with 2,312 views, 0 likes, and 2 comments. Experience the impact of this video content that has captured audience attention.

Why do some countries stay poor even when people work incredibly hard? Why does Uber actually sell trust, not rides? And why did a Duke professor once run for Governor knowing he’d lose? In this episode of Curiotalk, we sit down with Dr. Michael C. Munger. An economist, Professor of Political Science at Duke University with joint appointments in Economics and Public Policy, former Chair of the Duke Political Science Department, and former staff economist at the Federal Trade Commission during the Reagan Administration. We get into the ideas that shaped his entire career, including: → Why he says “the rules matter more than they should” and what that reveals about corruption, poverty, and hard work not paying off → What Public Choice Theory really means, beyond just “economics applied to politics” → Why transaction costs are the hidden friction behind every economy and how apps like Uber, Airbnb, Turo, and BlaBlaCar didn’t invent anything new, they just lowered the cost of trust → What his time at the FTC taught him about regulation, antitrust, and why he chose not to work for government again → Why he ran for Governor of North Carolina on the Libertarian ticket and how he redefined what “winning” meant → His approach to intellectual disagreement, and why finding shared goals matters more than winning an argument Listen, think, and decide for yourself. Curiotalk is a platform that connects people to the world's extraordinary minds, brought to you by Muhammad Erlangga & Rinzen Widjaja 📱Follow us on Instagram for more raw, unfiltered conversations: http://instagram.com/curiotalk #Curiotalk #MichaelMunger #PublicChoiceTheory #TransactionCosts #SharingEconomy #Economics #PoliticalScience #DukeUniversity #Podcast #FreeMarkets #RinzenWidjaja

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