The archive

August 18, 2026

Michael Munger on Slavery and Racism

EconTalk · Michael Munger · 1 hr 8 min

Why we chose this episode

Two economists who normally argue about markets sit with an uncomfortable question: what does economics get wrong when it treats a moral catastrophe as an efficiency problem? The conversation is patient, self-questioning, and never reaches for a slogan.

Listen for this question

Where does your favourite framework stop being able to explain the thing in front of you?

Listen to the full episode

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Who it’s for: Anyone who suspects that the tidy models they were taught leave something important out.

Best way to listen

Somewhere you can stop and rewind — this one earns a second listen of its middle third.

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