Munger on John Locke, Prices, and Hurricane Sandy

Published: Nov. 12, 2012, 11:30 a.m.

b'Mike Munger of Duke University talks with EconTalk host Russ Roberts about the gas shortage following Hurricane Sandy and John Locke\'s view of the just price. Drawing on a short, obscure essay of Locke\'s titled "Venditio," Munger explores Locke\'s views on markets, prices, and morality.'