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Michael C. Munger

Pfizer,Inc./Edmund T. Pratt, Jr. University Distinguished Professor
Political Science
Box 90204, Durham, NC 27708-0204
140 Science Drive, 217 Gross, Box 90204, Durham, NC 27708

Overview


Professor of Political Science, with joint appointments in Economics and Public Policy. 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. 

Munger is currently the President of the Philadelphia Society, a group that brings together academic and political leaders. He is 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. His recent books include Choosing in Groups (2015, Cambridge U Press) and Tomorrow 3.0 (2018, Cambridge U Press). Munger's most recent book, The Sharing Economy, was published in 2021 by the Institute for Economic Affairs.

His podcast, The Answer is Transaction Costs, is a discussion of the problems of coordination of groups of people with shared goals.

Current Duke Appointments & Affiliations


Pfizer,Inc./Edmund T. Pratt, Jr. University Distinguished Professor · 2024 - Present Political Science, Trinity College of Arts & Sciences
Professor of Political Science · 2000 - Present Political Science, Trinity College of Arts & Sciences
Professor of Economics · 2001 - Present Economics, Trinity College of Arts & Sciences
Professor in the Sanford School of Public Policy · 2011 - Present Sanford School of Public Policy
Bass Fellow · 2011 - Present Political Science, Trinity College of Arts & Sciences

Recent News Items


Published March 3, 2026
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Published March 19, 2024
Duke Awards 32 New Distinguished Professorships for 2024
Published November 2, 2016
What Can We Expect on Nov. 8, and After?

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Recent Scholarly Works


“Almost persuaded”: karl mittermaier on dogmatism, pragmatism, and the RAA

Journal article Review of Austrian Economics · June 1, 2026 This paper explores the philosophical and methodological contributions of Karl Mittermaier, situating his work within the tradition of pragmatic liberalism and connecting it to James Buchanan’s and Frank Knight’s concept of “relatively absolute absolutes” ... Full text Cite

Are there normative social epistemologies? Vernon Smith, Adam Smith, and the challenge of systems

Journal article Public Choice · March 1, 2025 Vernon Smith has been a pioneer in demonstrating that many of “paradoxes” of behavioral economics actually can be explained by the larger logic of cooperation, propriety, and sympathy outlined by Adam Smith in his two masterworks, The Theory of Moral Senti ... Full text Cite
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Education


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