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Nobel Prize Winning Economist Blasts America’s ‘Rent-Seeking’ Economy

Nobel Prize Winning Economist Blasts America’s ‘Rent-Seeking’ Economy I’m really grateful Angus Deaton was willing to come out and state the obvious. That is, the fact this economy isn’t what we’ve been told. In reality, it’s largely a rent-seeking based system, in which a meaningful percentage of the people who earn the most money are not only not adding […]

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Big government, big opportunity for rent-seekers – The Drum (Australian Broadcasting Corporation)

Big government, big opportunity for rent-seekers – The Drum (Australian Broadcasting Corporation). The more a government does, the more opportunities are presented for rent-seeking. Rent-seekers thrive in the minutiae of policy detail, writes Chris Berg. In the 2012-13 financial year, the Australian Labor Party received $55 million in donations. The Liberals received $73 million. The […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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