Rent Seeking - trying to get money without giving in return

Channel:

David Stewart

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47,500

Published on July 11, 2019 2:00:00 PM ● Video Link: https://www.youtube.com/watch?v=3y7G6k4hxHI

Duration: 12:10

5,431 views

397

#thinkingthursday returns - What is rent-seeking behavior, and why is it bad? I explain this old term, and explain some contemporary examples, including patents, copyright, and state-mandated utility fees.
#philosophy #economics

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