Smash Notes

Why Does The Munger Test Replace The Word State With Donald Trump?

The Munger test shows how support for having the state decide what people can say on the internet disappears when Donald Trump replaces the word state because there is no such thing as the state. The people who run the state are the same people who run corporations. Public choice requires comparing a real market setting with a real government setting to avoid romance about perfect government incentives.

EconTalk · Public Choice and Politics Without Romance (with Mike Munger) · at 21:32 · ·Transcript

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