Michael Munger: When is Voluntary Choice Really Voluntary? (48m)
This episode features an interview of economist Mike Munger from 2015 by Trevor Burrus and Aaron Powell, hosts of the Free Thoughts podcast. They talk about voluntary transactions and questions of justice in market pricing. What would everyone agree is truly voluntary? Are disparities in bargaining power coercive? What’s wrong with using the state to address these disparities? What about price gouging situations? What about sweatshops?