Rent seeking: Some conceptual problems and implications

@article{Pasour1987RentSS,
  title={Rent seeking: Some conceptual problems and implications},
  author={E. Pasour},
  journal={The Review of Austrian Economics},
  year={1987},
  volume={1},
  pages={123-143}
}
  • E. Pasour
  • Published 1987
  • Economics
  • The Review of Austrian Economics
ConclusionRent-seeking waste is a matter of opinion depending on one's view of the appropriate role of the state, which must ultimately be determined on the basis of ethics rather than economic theory. If emphasis is placed on the freedom of individual choice, there are genuine opportunities for improvements in the political system and strong reasons to reduce the current level of redistributive activity. Rent-seeking activities by organized groups are important in the growth of the bargaining… Expand
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