Michael C. Munger

Michael C. Munger

Professor of Economics

External Address: 
140 Science Drive, 217 Gross, Box 90204, Durham, NC 27708
Internal Office Address: 
Box 90204, Durham, NC 27708-0204
(919) 660-4301

Professor of Political Science, and Director of the PPE Certificate Program. His primary research focus is on the functioning of markets, regulation, and government institutions. He has taught at Dartmouth College, University of Texas, and University of North Carolina (where he was Director of the Master of Public Administration Program), as well as working as a staff economist at the Federal Trade Commission during the Reagan Administration. He is a past President of the Public Choice Society, an international academic society of political scientists and economists with members in 16 countries. He was North American Editor of the journal Public Choice for five years, and is now a Co-Editor of The Independent Review


  • Ph.D., Washington University in St. Louis 1984
  • M.A., Washington University in St. Louis 1981
  • B.A., Davidson College 1980

Munger, M. C. “30 years after the nobel: James Buchanan’s political philosophy.” Review of Austrian Economics 31, no. 2 (June 1, 2018): 151–67. https://doi.org/10.1007/s11138-018-0418-3. Full Text Open Access Copy

Munger, M. C. “On the contingent vice of corruption.” Social Philosophy and Policy 35, no. 2 (January 1, 2018): 158–81. https://doi.org/10.1017/S0265052519000153. Full Text

Munger, M. C. “Human agency and convergence: Gaus’s Kantian Parliamentarian.” Review of Austrian Economics 30, no. 3 (September 1, 2017): 353–64. https://doi.org/10.1007/s11138-016-0357-9. Full Text

Munger, M. C. “Egalitarianism, properly conceived: We all are "Rawlsekians" now!.” Independent Review 22, no. 1 (June 1, 2017): 59–70.

Grynaviski, J. D., and M. C. Munger. “RECONSTRUCTING RACISM: TRANSFORMING RACIAL HIERARCHY from "nECESSARY EVIL" into "pOSITIVE GOOD".” Social Philosophy and Policy 34, no. 1 (January 1, 2017): 144–63. https://doi.org/10.1017/S0265052517000073. Full Text Open Access Copy

Munger, M. C. “Tomorrow 3.0 the sharing economy.” Independent Review 20, no. 3 (December 1, 2016): 391–95.

Munger, M. C. “Douglass C. North: The answer is "transactions costs".” Independent Review 21, no. 1 (June 1, 2016): 143–46.

Munger, M., and G. Vanberg. “Gordon Tullock as a political scientist.” Constitutional Political Economy 27, no. 2 (April 1, 2016): 194–213. https://doi.org/10.1007/s10602-016-9214-x. Full Text Open Access Copy

Munger, M. C., and G. Grynaviski. “Pathologies of Political Authority: Constructed Racism is 'Public Reason' Gone Wrong (forthcoming).” Social Philosophy and Policy, 2016. Open Access Copy


Munger, M., and Melvin J. Hinich. Ideology and the Theory of Political Choice. University of Michigan Press, 1994.


Munger, M. C. “Euvoluntary Exchange and the Creation of Wealth.” In Wealth Creation: Ethical & Economic Perspectives, edited by D. Schmidtz. Cognella Academic Publishing, 2012.

Munger, M. C. “Hayek’s Insight: Order Without Direction, Benefit Without Intent.” In Political Economy in Philosophic Perspective, edited by Greg Butler. University Press of America, 2012.

Munger, M. C. “Euvoluntary or Not, Exchange is Just.” In Liberalism and Capitalism, edited by E. F. Paul, F. D. Miller, Jr., and J. Paul. Cambridge University Press, 2011.

Keech, W., and M. C. Munger. “Political Economy.” In International Encyclopedia of Political Science, edited by L. Garrett, A. McClain, and A. Chambers. Washington, DC: Congressional Quarterly Press, 2010.

Munger, M. C. “I have a real meeting at 10:30: Running for Office as a Third Party Candidate.” In Inside Political Campaigns: Chronicles—And Lessons–From the Trenches, edited by J. Bowers and S. Daniels, 203–22. Lynne Rienner Publishers, 2010.

Munger, M. C. “Orange blossom special: Externalities and the coase theorem.” In Readings in Applied Microeconomics: The Power of the Market, edited by C. Newmark, 192–96. Taylor & Francis, 2009. https://doi.org/10.4324/9780203878460. Full Text

Munger, M. C. “Regulation.” In Encyclopedia of Libertarianism, edited by R. Hanowy, 418–20. Washington, DC: Cato Institute, 2008.

Munger, M. C. “Culture, order, and virtue.” In Liberalism, Conservatism, and Hayek’s Idea of Spontaneous Order, 177–95, 2007. https://doi.org/10.1057/9780230609228. Full Text

Munger, M. C. “Culture, Order, and Virtue.” In LIBERALISM, CONSERVATISM, AND HAYEK’S IDEA OF SPONTANEOUS ORDER, edited by Louis Hunt and Peter McNamara, 267–91. Palgrave, 2007.

Munger, M. C. “A Retrospective Assessment of Tullock’s THE VOTE MOTIVE.” In The Vote Motive, edited by P. Kurrild-Klitgaard, 131–38. London: Institute of Economic Affairs, 2006.


Munger, M. C. “A Time-series Investigation into Factors Influencing U.S. Auto Assembly Employment.” Bureau of Economics Staff Report to the Federal Trade Commission, February 1985.

Munger, M. C. “Trade Barriers and Deficits: The Hidden Tax of Protectionism.” Policy Report, February 1984.

Munger, M. C., M. L. Weidenbaum, and R. J. Penoyer. “Toward A More Open Trade Policy.” Formal Publication No. 53. St. Louis, MO, 1983.


Munger, M. C. “Every Flaw in Consumers Is Worse in Voters.” Learn Library, October 29, 2015.

Munger, M. C. “Sabotaging Uber: The Umpire Strikes Back.” Foundation for Economic Freedom, June 23, 2015.

Munger, M. C. “Breaking News: NY Times Confirms Supply, Demand Still Working.” Foundation for Economic Freedom, June 16, 2015.

Munger, M. C. “Comparative Advantage: An Idea Whose Time has Passed.” Foundation for Economic Education, April 28, 2015.

Munger, M. C. “Hasta La Victoria Siempre.” Foundation for Economic Freedom, January 15, 2015.

Munger, M. C. “Main Reply.” Online Library of Liberty, 2015.

Munger, M. C. “What Makes an Exchange Euvoluntary.” Online Library of Liberty, 2015.

Munger, M. C. “Consent, Contract, and the Blood of Tyrants.” Online Library of Liberty, 2015.

Munger, M. C. “Unicorn Governance.” Foundation for Economic Freedom, August 11, 2014.


Munger, M. C. “Market Makers or Parasites?” Liberty Fund, Inc., February 2009.

Munger, M. C. “Planning Order, Causing Chaos: Transantiago.” EconLib, OLL, Liberty Fund, 2009.

Munger, M. C. “'A' Hire vs. 'the' Hire.” Chronicle of Higher Education, August 15, 2008.

Munger, M. C. “Think Globally, Act Irrationally: Recycling.” Indianapolis, IN: Econlib, Liberty Fund, 2007.

Munger, M. C. “They Clapped: Can Price-Gouging Laws Prohibit Scarcity?” Indianapolis: Econlab, 2007.

Munger, M. C. “I’ll Stick With These: Some Sharp Observations on the Division of Labor.” Econlib, Liberty Fund, Indianapolis, IN,.", 2007.

Munger, M. C. “The Five Sorry Rules of Lateness.” Indianapolis, IN: Econlib, Liberty Fund, 2007.

Hinich, M. J., and M. C. Munger. “In Memoriam: Otto "Toby" Davis.” Public Choice, 2006.

Munger, M. C. “Everybody Loves Mikey.” Liberty Fund, Indianapolis, IN, 2005.