Munger on John Locke, Prices, and Hurricane Sandy

<p>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 &quot;Venditio,&quot; Munger explores Locke's views on markets, prices, and morality.</p>