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Friday, September 26, 2008

Reformers Should Love Munger

Ken, I haven't yet watched his performance, but most LP reformers would probably love Michael Munger for
  • supporting school vouchers;
  • saying "there are also some truly 'public' public goods that government can legitimately and effectively provide";
  • saying that "banishing force and fraud from human interactions" is a "main task of government".
However, some of us might be a little uneasy with him saying "I want to restore good government" and saying "I do not advocate the legalization of all, or even most, drugs".  I'm willing to overlook these items, though, because of his emphasis on economics -- Coase Theorem, rent-seeking, externalities, the theory of the firm, the role of the price system, etc.