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Rent-seeking

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absence of, for example, the collective-action constraints highlighted by Olson. Similarly, taxpayers lobby for loopholes and will spend the value of those loopholes, again, to obtain those loopholes (again absent collective-action constraints). The total of wastes from rent-seeking is then the total amount from the government-provided benefits and instances of tax avoidance (valuing benefits and avoided taxes at zero). Dougan says that the "total rent-seeking costs equal the sum of aggregate current income plus the net deficit of the public sector".
1522:, is that of a property owner who installs a chain across a river that flows through their land and then hires a collector to charge passing boats a fee to lower the chain. There is nothing productive about the chain or the collector, nor do passing boats get anything in return. The owner has made no improvements to the river and is not adding value in any way, directly or indirectly, except for themselves. All they are doing is finding a way to obtain money from something that used to be free. 1589:'s response to pressure from the United States to open the Dominican Republic's export market. At the time, the United States was a massive trading partner for sugar while providing foreign aid and military support which allowed Balaguer's regime to take hold. Joaquín Balaguer used EPZ to allow for some markets to remain tariffed while appeasing the markets facing political pressures. This created a sub-optimal environment for exporters as they were able to invest in rent seeking activities ( 1844: 4593: 1048: 981: 1830: 1816: 993: 1504: 1734:. As a country becomes increasingly dominated by organized interest groups, it loses economic vitality and falls into decline. Olson argued that countries that have a collapse of the political regime and the interest groups that have coalesced around it can radically improve productivity and increase national income because they start with a clean slate in the aftermath of the collapse. An example of this is 1471:
frames it by asking, "Why is there so little money in politics?" because a naïve model of political bribery and/or campaign spending should result in beneficiaries of government subsidies being willing to spend an amount approaching the value of the profits derived from the subsidies themselves, when
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The paradox is that rent-seekers wanting political favors can bribe politicians at a cost much lower than the value of the favor to the rent-seeker. For instance, a rent seeker who hopes to gain a billion dollars from a particular political policy may need to bribe politicians with merely ten million
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protection, quotas, subsidies, or extension of copyright law. Anne Krueger concludes that "empirical evidence suggests that the value of rents associated with import licenses can be relatively large, and it has been shown that the welfare cost of quantitative restrictions equals that of their tariff
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is a related term for the collusion between firms and the government agencies assigned to regulate them, which is seen as enabling extensive rent-seeking behavior, especially when the government agency must rely on the firms for knowledge about the market. Studies of rent-seeking focus on efforts to
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The concept of rent-seeking would also apply to corruption of bureaucrats who solicit and extract "bribe" or "rent" for applying their legal but discretionary authority for awarding legitimate or illegitimate benefits to clients. For example, taxpayers may bribe officials to lessen their tax burden.
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In retrospect it is not so surprising that free markets, or at least free markets with a government that permits and encourages rent seeking by the rich, should produce not equality but an extractive elite that predates on the population at large. Utopian rhetoric about freedom has led to an unjust
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An example of rent-seeking in a modern economy is spending money on lobbying for government subsidies to be given wealth that has already been created, or to impose regulations on competitors, to increase one's own market share. Another example of rent-seeking is the limiting of access to lucrative
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Rent-seeking can prove costly to economic growth; high rent-seeking activity makes more rent-seeking attractive because of the natural and growing returns that one sees as a result of rent-seeking. Thus organizations value rent-seeking over productivity. In this case, there are very high levels of
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economic theory describes rent-seeking in terms of land rent, where the value of land largely comes from the natural resources native to the land, as well as collectively paid for services, for example: State schools, law enforcement, fire prevention, mitigation services, etc. Rent seeking to the
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showed that the incentives for policy-makers to engage in rent-provision is conditional on the institutional incentives they face, with elected officials in stable high-income democracies the least likely to indulge in such activities vis-à-vis entrenched bureaucrats and/or their counterparts in
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in 1988 estimated that rent-seeking had decreased total income in the US by 45 percent. Both Dougan and Tullock affirm the difficulty of finding the cost of rent-seeking. Rent-seekers of government-provided benefits will in turn spend up to that amount of benefit to gain those benefits, in the
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suggest that the lack of empirical evidence on rent-seeking is due to the broad scope of rent-seeking and rent avoidance activities. Additionally, they suggest that many economic performance measures, such as Gross Domestic Product, include goods and services that are part of the rent-seeking
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Mark Gradstein writes about rent-seeking in relation to public goods provision, and says that public goods are determined by rent seeking or lobbying activities. But the question is whether private provision with free-riding incentives or public provision with rent-seeking incentives is more
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of rent-seeking can be considerable. If "buying" a favorable regulatory environment seems cheaper than building more efficient production, a firm may choose the former option, reaping incomes entirely unrelated to any contribution to total wealth or well-being. This results in a sub-optimal
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Political rent-seeking can also affect immigration. Welfare states incentivise unproductive migration and can create continuation of past behaviour of not accumulating personal wealth and being dependent on government transfers. Alternatively, productive migrants are incentivised to leave
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In some cases, rent-seeking can provide a net positive for an economy. Shannon K. Mitchell's article "The Welfare Effects of Rent-Saving and Rent-Seeking" provides such an example through a model of rent-seeking when firms need to expand to obtain their exporting rents.
1534:. According to some libertarian perspectives, taxi licensing is a textbook example of rent-seeking. To the extent that the issuing of licenses constrains overall supply of taxi services (rather than ensuring competence or quality), forbidding competition from other 1490:
Lack of trust between the rent-seekers and the politicians, due to the inherently underhanded nature of the deal and the unavailability of both legal recourse and reputational incentives to enforce compliance, pushes down the price that politicians can demand for
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rent-seeking with very low levels of output. Rent-seeking may grow at the cost of economic growth because rent-seeking by the state can easily hurt innovation. Ultimately, public rent-seeking hurts the economy the most because innovation drives economic growth.
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is defined by rent-seeking theorists as a strictly physical property but ignores the rights that surround and define the product. He further asserts that rent-seeking theorists ignore a fundamental principle of being economic actors: that we live in markets of
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Lotta Moberg presents an argument that export processing zones (EPZ) allow governments to choose exporting industries which receive tariffs allowing for rent seeking to take place. An example of this occurred in Latin America in the 1960s with
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Georgist does not include those persons that may have invested substantial capital improvements to a piece of land, but rather those that perform in their role as mere titleholder. This is the dividing line between a rent-seeker and a
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through lobbying for government policies that let the wealthy and powerful get income, not as a reward for creating wealth, but by grabbing a larger share of the wealth that would otherwise have been produced without their effort.
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after World War Two. But new coalitions form over time, once again shackling society to redistribute wealth and income to themselves. However, social and technological changes have allowed new enterprises and groups to emerge.
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is the act of growing one's existing wealth by manipulating the social or political environment without creating new wealth. Rent-seeking activities have negative effects on the rest of society. They result in reduced
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the fact or process of seeking to gain larger profits by manipulating public policy or economic conditions, esp. by means of securing beneficial subsidies or tariffs, making a product artificially scarce, etc.
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Government agents may initiate rent-seeking, as by soliciting bribes or other favors from the individuals or firms that stand to gain from having special economic privileges, which opens up the possibility of
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In the 1980s, critiques of rent-seeking theory began to emerge, questioning the ambiguity of the concept of "wasted resources" and the reliability of the assumptions being made from it. Samuels argues that
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Hamilton, Alexander (2013). "Small Is Beautiful, at Least in High-Income Democracies: The Distribution of Policy-Making Responsibility, Electoral Accountability, and Incentives for Rent Extraction".
1372:, but rent-seeking only became the subject of durable interest among economists and political scientists more than a century later after the publication of two influential papers on the topic by 5245: 5072: 1421:. Because the nature of rent-seeking implies a fixed cost payment, only wealthy participants engage in these activities as a means of protecting their wealth from expropriation. 1700: – which slows economic growth. Claims that a firm is rent-seeking therefore often accompany allegations of government corruption, or the undue influence of 1413:
in excess of what is needed to keep it employed in its current use) by manipulating the social or political environment in which economic activities occur, rather than by
1439:, in which entities seek to extract value by engaging in mutually beneficial transactions. Profit-seeking in this sense is the creation of wealth, while rent-seeking is " 1110: 1779:
have analyzed international economies and their changes in tax rates to conclude that much of income inequality is a result of rent-seeking among wealthy tax payers.
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Voters may punish politicians who take large bribes, or live lavish lifestyles. This makes it hard for politicians to demand large bribes from rent-seekers.
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renders the (otherwise consensual) transaction of taxi service a forced transfer of part of the fee, from customers to taxi business proprietors.
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Baohua, Liu; Yan, Lin; Kam.C, Chan; Hung-Gay, Fung (2018). "The dark side of rent-seeking: The impact of rent-seeking on earnings management".
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is an often-used label for this particular type of rent-seeking. Often-cited examples include a lobby that seeks economic regulations such as
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Rent-seekers can use a small part of the benefit gained to make contributions to the politicians who provided enabling legislation.
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while imposing disadvantages on their uncorrupt competitors. This is one of many possible forms of rent-seeking behavior.
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What do banks do, what should they do and what public policies are needed to ensure best results for the real economy?
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Competition between different politicians eager to offer favors to rent-seekers may bid down the cost of rent-seeking.
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says that there may be difficulties distinguishing between beneficial profit-seeking and detrimental rent-seeking.
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The phenomenon of rent-seeking in connection with monopolies was first formally identified in 1967 by
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Tullock, Gordon (1980). "Efficient rent-seeking". In Buchanan, J.; Tollison, R.; Tullock, G. (eds.).
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social dystopia, not for the first time. Free markets with rent seekers are not the same as
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in 1974. The word "rent" does not refer specifically to payment on a lease but rather to
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Conybeare, John A. C. (1982). "The Rent-Seeking State and Revenue Diversification".
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Shannon, Mitchell (1993). "The Welfare Effects of Rent-Saving and Rent-Seeking".
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Tullock, Gordon (1967). "The Welfare Costs of Tariffs, Monopolies, and Theft".
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A Capitalism for the People: Recapturing the Lost Genius of American Prosperity
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A Capitalism for the People: Recapturing the Lost Genius of American Prosperity
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Tullock, Gordon (1967). "The Welfare Costs of Tariffs, Monopolies and Theft".
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is an attempt to obtain economic rent (i.e., the portion of income paid to a
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Economics in America: An Immigrant Economist Explores the Land of Inequality
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Krueger, Anne (1974). "The Political Economy of the Rent-Seeking Society".
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Gradstein, Mark (1993). "Rent Seeking and the Provision of Public Goods".
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but in doing so creates an exclusionary effect for more productive firms.
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The Price of Inequality: How Today's Divided Society Endangers Our Future
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Dougan, William R. (1991). "The Cost of Rent Seeking: Is GNP Negative?".
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Several possible explanations have been offered for the Tullock paradox:
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rent-seeking societies, possibly resulting in further economic decline.
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Commission for the Prevention of Corruption of the Republic of Slovenia
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The Rent-Seeking Society: The Selected Works of Gordon Tullock, Vol. 5
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Corrupt Bureaucracy and Privatization of Tax Enforcement in Bangladesh
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Corrupt Bureaucracy and Privatization of Tax Enforcement in Bangladesh
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Rent-seeking through government enterprise takes the form of seeking
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Securitisation, Shadow Banking and the Value of Financial Innovation
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Piketty, Thomas; Saez, Emmanuel; Stantcheva, Stefanie (2014).
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of politicians, are illegal in many market-driven economies.
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Dead Ends of Transition: Rentier Economies and Protectorates
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dollars, which is about 1% of the gain to the rent-seeker.
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Special Investigation Service of the Republic of Lithuania
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has argued that rent-seeking contributes significantly to
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Growing one's existing wealth without creating new wealth
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International Association of Anti-Corruption Authorities
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The Origin of the Family, Private Property and the State
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Murphy, Kevin; Shleifer, Andrei; Vishny, Robert (1993).
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of the consumer. It has been shown that rent-seeking by
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Governance and Economic Management Assistance Program
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Independent Commission Against Corruption (Hong Kong)
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markets; indeed, they are often exactly the opposite.
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profits in the standard, accounting sense of the word
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Anti-corruption and Economic Malpractice Observatory
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The Elgar Companion to Public Choice, Second Edition
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traced the historic consequences of rent seeking in
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Some rent-seeking behaviors, such as the forming of
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Citizen's Charter and Grievance Redressal Bill 2011
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The Invisible Hook: The Hidden Economics of Pirates
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(2006). 1368:, was coined by the British 19th-century economist 3052: 3023: 2691: 2561: 2358:Connes, Richard; Hartley, Roger (September 2003). 2032: 1518:The classic example of rent-seeking, according to 2530: 2528: 1654:and it's how we use these resources which drives 1341:in institutions, and potential national decline. 5452: 3374: 2997:American Economic Review: Papers and Proceedings 1472:in fact only a small fraction of that is spent. 2078:"Rent-seeking and Endogenous Income Inequality" 1352:can result in advantages for rent-seekers in a 5275:Central Steering Committee for Anti-Corruption 5142:Fiji Independent Commission Against Corruption 5073:UNCAC Coalition of Civil Society Organisations 2559: 2525: 1553:such as manipulating government regulation of 4636: 3605: 2357: 2176: 2174: 1435:Rent-seeking is distinguished in theory from 1282: 1017: 5378:United Nations Convention against Corruption 5358:Inter-American Convention Against Corruption 2099: 2097: 5416:Movement for Peace with Justice and Dignity 5251:Anti-Corruption and Civil Rights Commission 5095:Australian Criminal Intelligence Commission 3502:. 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C. (2007). 3073: 2592:The Political Economy of Rent-Seeking 2137: 1692:, on improved business practices, on 1403:, which need not be the same person. 5406:2012 Indian anti-corruption movement 5401:2011 Indian anti-corruption movement 5182:Malaysian Anti-Corruption Commission 5112:National Anti-Corruption Observatory 3306: 3300: 2053:participating institution membership 1614:innovation in the financial industry 1455:The Tullock paradox is the apparent 5328:The Lokpal and Lokayuktas Act, 2013 5223:National Anticorruption Directorate 5217:Anti-Corruption General Directorate 3293:Stiglitz, Joseph E. (4 June 2012). 2887:"A Critique of Rent-seeking Theory" 1679:From a theoretical standpoint, the 1530:or modern state certifications and 24: 5053:Group of States Against Corruption 3447:The Encyclopedia of Libertarianism 3411: 3309:"How rich "moochers" hurt America" 3101:10.1002/j.2325-8012.2007.tb00826.x 2828:10.1111/j.1465-7295.1967.tb01923.x 2256: 1608:, the former chair of the British 1450: 1046: 25: 5482: 5229:Investigative Committee of Russia 3552:Concise Encyclopedia of Economics 3526: 2893:. Vol. 2. pp. 111–128. 2725:The Canadian Journal of Economics 2490:"An Introduction to Rent Seeking" 2444:Passional Christi und Antichristi 1616:is often a form of rent-seeking. 1258:International Competition Network 5421:Russian anti-corruption campaign 5411:Anti-austerity movement in Spain 5318:Foreign Extortion Prevention Act 4592: 4591: 3557:Library of Economics and Liberty 3418:Chowdhury, Faizul Latif (2006). 3297:. p. 32. Norton. Kindle Edition. 2932:The Review of Austrian Economics 2589:Rowley, Charles Kershaw (1988). 2535:Chowdhury, Faizul Latif (2006). 1842: 1828: 1814: 1664:The Review of Austrian Economics 991: 979: 5257:Servicio de Vigilancia Aduanera 5118:National Supervisory Commission 3368: 3307:Lind, Michael (22 March 2013). 3250: 3223: 2915: 2834: 2807: 2783:Turner, Adair (17 March 2010). 2776: 2758:Turner, Adair (19 April 2012). 2751: 2716: 2683: 2648: 2609: 2582: 2553: 2500: 2481: 2451: 2434: 2420:. Basic Books. pp. 75–78. 2387:Zingales, Luigi (5 June 2012). 2380: 2075: 1751:inefficient in its allocation. 1732:The Rise and Decline of Nations 1559:monopoly privilege rent-seeking 5205:Investigation Task Force Sweep 5199:National Accountability Bureau 4671:Corruption in local government 4659:Corruption in different fields 4650: 4157:Right of way (property access) 3555:(2nd ed.). Indianapolis: 2568:. New York: Worth Publishers. 2364:Discussion Papers in Economics 2281: 2250: 2201: 2152: 2131: 2069: 2024: 1950:The Logic of Collective Action 1359: 1346:capture of regulatory agencies 1263:List of competition regulators 13: 1: 5313:Foreign Corrupt Practices Act 5211:Central Anticorruption Bureau 2968:State, class, and development 2698:Journal of Private Enterprise 2669:10.1016/j.jbusres.2018.05.037 2488:Samples, John (30 May 2012). 2208:Chakraborty, Shankha (2005). 2017: 1636:young and quasi-democracies. 1392:or other natural resources. 783:Critique of political economy 441:Critique of political economy 5373:OECD Anti-Bribery Convention 5363:International asset recovery 5147:Central Vigilance Commission 4702:Corruption Perceptions Index 3619: 3162:Journal of Political Economy 3059:. Aldine-Atherton, Chicago. 2657:Journal of Business Research 1639: 1610:Financial Services Authority 1526:occupations, as by medieval 1384:'s division of incomes into 833:Periodizations of capitalism 7: 5431:2017–2019 Romanian protests 4463:Two Treatises of Government 3271:10.4337/9781849802857.00032 2966:Eisenhans, Hartmut (1996). 2899:10.1007/978-1-349-12377-3_6 2616:Saperstein, Lanier (1997). 2539:. Pathak Shamabesh, Dhaka. 2507:McTaggart, Douglas (2012). 1807: 1498: 529:Simple commodity production 10: 5487: 5436:2017–2018 Russian protests 5068:Transparency International 5043:Global Financial Integrity 3463:10.4135/9781412965811.n259 3051:Niskanen, William (1971). 2115:Princeton University Press 1991:Tragedy of the anticommons 1311:misallocation of resources 1130:Anti-competitive practices 1096:Herfindahl–Hirschman index 1065:History of competition law 838:Perspectives on capitalism 5396:2011 Azerbaijani protests 5386: 5346: 5297: 5288: 5081: 5035: 5026: 4981: 4883: 4873:Offshore financial centre 4724: 4715: 4694: 4676:Interest group corruption 4658: 4587: 4384: 4186: 4066: 3959: 3952: 3801: 3758: 3703: 3627: 3393:10.1007/s11127-018-0566-9 3125:Leeson, Peter T. (2009). 3089:Southern Economic Journal 2595:. Springer. p. 226. 2403:– via Google Books. 2376:– via ResearchGate. 2218:10.5089/9781451860627.001 2040:Oxford English Dictionary 1459:, described by economist 5338:Whistleblower protection 4826:Cryptocurrency and crime 4515:The Great Transformation 3873:Labor theory of property 3517:Tullock, Gordon (2005). 3377:"Measuring rent-seeking" 2816:Western Economic Journal 2414:Zingales, Luigi (2014). 2183:American Economic Review 2161:Western Economic Journal 1690:research and development 109:Economic interventionism 4707:Economics of corruption 4084:Forest-dwelling (India) 4046:restraint on alienation 3826:Common good (economics) 3583:Rent-Seeking as Process 3437:Ikeda, Sanford (2008). 2885:Samuels, W. J. (1992). 2564:International Economics 2441:Luther, Martin (1521). 2045:Oxford University Press 1686:allocation of resources 1512:Lucas Cranach the Elder 778:Criticism of capitalism 5333:UK Bribery Act of 2010 5089:Oficina Anticorrupción 4838:Noble cause corruption 4695:Measures of corruption 4523:Pierre-Joseph Proudhon 4297:Primitive accumulation 4152:Right of way (transit) 3937:Tragedy of the commons 3819:fictitious commodities 3257:Hillman, Ayre (2013). 2970:. Radiant Publishers. 2922:Pasour, E. C. (1987). 2851:10.1596/1813-9450-6305 2690:Moberg, Lotta (2018). 1961:Occupational licensing 1805: 1742:A study by Laband and 1557:competition. The term 1515: 1175:Occupational licensing 1051: 808:Exploitation of labour 519:Primitive accumulation 5461:Factors of production 5063:Mo Ibrahim Foundation 4843:Professional courtesy 4806:Honest services fraud 4576:The Wealth of Nations 4556:Jean-Jacques Rousseau 4548:The Ethics of Liberty 3449:. Thousand Oaks, CA: 2467:project-syndicate.org 2461:(20 September 2013). 1914:Intellectual property 1796: 1675:Possible consequences 1620:Development of theory 1506: 1476:Possible explanations 1050: 986:Capitalism portal 798:Culture of capitalism 753:Capitalist propaganda 509:Industrial Revolution 499:Commercial Revolution 5471:Public choice theory 5466:Political corruption 5027:Institutions dealing 4761:Conflict of interest 4686:Political corruption 4439:Progress and Poverty 3773:Common-pool resource 3265:. pp. 307–330. 3197:The Economic Journal 3114:on 16 December 2019. 1889:Elasticity of supply 1631:A 2013 study by the 1411:factor of production 1218:Occupational closure 1213:Dividing territories 1201:Essential facilities 1101:Market concentration 961:Right-libertarianism 891:Classical liberalism 858:Venture philanthropy 494:Capitalism and Islam 489:Age of Enlightenment 84:Capital accumulation 4868:Offshore investment 4562:The Social Contract 4250:population transfer 4167:prior-appropriation 3846:homestead principle 3543:Henderson, David R. 3457:. pp. 422–23. 3354:10.1257/pol.6.1.230 2477:on 16 October 2021. 2139:Henderson, David R. 2043:(Online ed.). 1777:Stefanie Stantcheva 1696:, or on additional 1612:, have argued that 1604:Economists such as 1551:monopoly privileges 1415:creating new wealth 1348:(if any) to gain a 1307:economic efficiency 998:Business portal 114:Economic liberalism 104:Competitive markets 5269:Warioba Commission 5207:(Papua New Guinea) 4951:Regulatory capture 4756:Commercial bribery 4542:Murray N. Rothbard 3853:Free-rider problem 3230:Nannestad, Peter. 3203:(420): 1236–1243. 2945:10.1007/BF01539337 2803:on 7 October 2010. 2772:on 3 October 2012. 2494:libertarianism.org 2011:White-collar crime 1971:Prisoner's dilemma 1546:Regulatory capture 1516: 1401:property developer 1329:, risk of growing 1323:government revenue 1237:Regulatory capture 1052: 758:Capitalist realism 149:Goods and services 129:Fictitious capital 5448: 5447: 5444: 5443: 5284: 5283: 5022: 5021: 4999:Election security 4946:Political scandal 4681:Police corruption 4618: 4617: 4529:What Is Property? 4322:human trafficking 4307:Regulatory taking 4182: 4181: 3927:Right to property 3566:978-0-86597-665-8 3509:978-0-333-37235-7 3472:978-1-4129-6580-4 3429:978-984-8120-62-0 3138:978-0-691-15009-3 3066:978-0-202-06040-8 3037:978-3-593-38154-1 3030:. Campus Verlag. 2977:978-81-7027-214-4 2908:978-1-349-12379-7 2602:978-0-89838-241-9 2575:978-0-7167-9283-3 2546:978-984-8120-62-0 2518:978-1-4425-5077-3 2471:Project Syndicate 2427:978-0-465-03870-1 2400:978-0-465-02947-1 2366:. No. 3/17. 2269:on 3 January 2006 2227:978-1-4518-6062-7 2051:(Subscription or 2001:Unjust enrichment 1899:Geolibertarianism 1702:special interests 1694:employee training 1656:supply and demand 1606:Lord Adair Turner 1536:vehicles for hire 1350:coercive monopoly 1327:income inequality 1299: 1298: 1228:Misuse of patents 1223:Predatory pricing 1208:Exclusive dealing 1091:Barriers to entry 1079:Coercive monopoly 1034: 1033: 853:Spontaneous order 823:History of theory 466:New institutional 436:Market monetarism 371:Economic theories 204:Supply and demand 139:Free price system 16:(Redirected from 5478: 5295: 5294: 5033: 5032: 5014:Vote suppression 4901:Crony capitalism 4831:Hawala and crime 4821:Money laundering 4801:Graft (politics) 4781:Confidence trick 4722: 4721: 4716:Forms or aspects 4645: 4638: 4631: 4622: 4621: 4595: 4594: 4499:John Stuart Mill 4419:Friedrich Engels 4400:Frédéric Bastiat 4393: 4245:Forced migration 4213:Collectivization 3957: 3956: 3836:First possession 3809:Bundle of rights 3614: 3607: 3600: 3591: 3590: 3578: 3522: 3513: 3492: 3433: 3405: 3404: 3372: 3366: 3365: 3339: 3330: 3324: 3323: 3321: 3319: 3304: 3298: 3291: 3285: 3284: 3254: 3248: 3247: 3245: 3243: 3227: 3221: 3220: 3192: 3186: 3185: 3157: 3151: 3150: 3122: 3116: 3115: 3113: 3107:. Archived from 3086: 3077: 3071: 3070: 3058: 3048: 3042: 3041: 3029: 3019: 3013: 3012: 2988: 2982: 2981: 2963: 2957: 2956: 2928: 2919: 2913: 2912: 2882: 2873: 2872: 2862: 2838: 2832: 2831: 2811: 2805: 2804: 2802: 2796:. Archived from 2791: 2780: 2774: 2773: 2771: 2764: 2755: 2749: 2748: 2720: 2714: 2713: 2695: 2687: 2681: 2680: 2652: 2646: 2645: 2628:(4): 1470–1510. 2613: 2607: 2606: 2586: 2580: 2579: 2567: 2557: 2551: 2550: 2532: 2523: 2522: 2504: 2498: 2497: 2485: 2479: 2478: 2473:. Archived from 2455: 2449: 2448: 2438: 2432: 2431: 2411: 2405: 2404: 2384: 2378: 2377: 2375: 2355: 2349: 2348: 2330: 2324: 2323: 2285: 2279: 2278: 2276: 2274: 2265:. Archived from 2257:Schenk, Robert. 2254: 2248: 2247: 2205: 2199: 2198: 2178: 2169: 2168: 2156: 2150: 2149: 2135: 2129: 2128: 2101: 2092: 2091: 2089: 2087: 2082: 2073: 2067: 2056: 2048: 2036: 2028: 1894:Enshittification 1879:Crony capitalism 1852: 1847: 1846: 1838: 1833: 1832: 1824: 1822:economics portal 1819: 1818: 1669:Ernest C. Pasour 1652:scarce resources 1587:Joaquín Balaguer 1549:capture special 1291: 1284: 1277: 1182:Product bundling 1084:Natural monopoly 1036: 1035: 1026: 1019: 1012: 996: 995: 984: 983: 788:Critique of work 763:Capitalist state 446:Critique of work 329:Regulated market 231:Economic systems 184:Private property 134:Financial market 124:Entrepreneurship 119:Economic surplus 32: 31: 21: 5486: 5485: 5481: 5480: 5479: 5477: 5476: 5475: 5451: 5450: 5449: 5440: 5388: 5382: 5350: 5348: 5342: 5299: 5290:Anti-corruption 5280: 5077: 5029:with corruption 5028: 5018: 4994:Electoral fraud 4989:Ballot stuffing 4977: 4879: 4717: 4711: 4690: 4666:Corporate crime 4654: 4649: 4619: 4614: 4583: 4387: 4386: 4380: 4330:husband-selling 4267:Illegal logging 4262:Illegal fishing 4191: 4178: 4089:Freedom to roam 4062: 3975:(agrarian land) 3948: 3905:Property rights 3797: 3754: 3716:Estate (landed) 3699: 3623: 3618: 3586:by Mushtaq Khan 3567: 3529: 3510: 3473: 3430: 3414: 3412:Further reading 3409: 3408: 3373: 3369: 3337: 3331: 3327: 3317: 3315: 3305: 3301: 3292: 3288: 3281: 3255: 3251: 3241: 3239: 3228: 3224: 3209:10.2307/2234249 3193: 3189: 3158: 3154: 3139: 3123: 3119: 3111: 3084: 3078: 3074: 3067: 3049: 3045: 3038: 3020: 3016: 2989: 2985: 2978: 2964: 2960: 2926: 2920: 2916: 2909: 2883: 2876: 2839: 2835: 2812: 2808: 2800: 2789: 2781: 2777: 2769: 2762: 2756: 2752: 2721: 2717: 2688: 2684: 2653: 2649: 2634:10.2307/1144023 2614: 2610: 2603: 2587: 2583: 2576: 2558: 2554: 2547: 2533: 2526: 2519: 2505: 2501: 2486: 2482: 2459:Shiller, Robert 2456: 2452: 2439: 2435: 2428: 2412: 2408: 2401: 2393:. Basic Books. 2385: 2381: 2373:10.1.1.624.4082 2356: 2352: 2345: 2331: 2327: 2304:10.2307/2010278 2286: 2282: 2272: 2270: 2255: 2251: 2228: 2206: 2202: 2179: 2172: 2157: 2153: 2136: 2132: 2125: 2102: 2095: 2085: 2083: 2080: 2074: 2070: 2050: 2029: 2025: 2020: 2015: 1996:Unearned income 1986:Software patent 1981:Royalty payment 1869:Competition law 1864:Client politics 1848: 1841: 1836:business portal 1834: 1827: 1820: 1813: 1810: 1784:John Sophocleus 1760:Joseph Stiglitz 1744:John Sophocleus 1677: 1642: 1622: 1555:free enterprise 1510:, a woodcut by 1501: 1478: 1453: 1451:Tullock paradox 1362: 1319:wealth creation 1295: 1191:Refusal to deal 1170:Tacit collusion 1116:Relevant market 1040:Competition law 1030: 990: 978: 971: 970: 876: 868: 867: 843:Post-capitalism 748:Anti-capitalism 743: 735: 734: 630: 622: 621: 542: 534: 533: 484: 476: 475: 372: 364: 363: 354:State-sponsored 232: 224: 223: 89:Capital markets 54: 28: 23: 22: 15: 12: 11: 5: 5484: 5474: 5473: 5468: 5463: 5446: 5445: 5442: 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3249: 3222: 3187: 3174:10.1086/261773 3168:(3): 660–664. 3152: 3137: 3117: 3072: 3065: 3043: 3036: 3014: 3003:(2): 409–414. 2983: 2976: 2958: 2939:(1): 123–143. 2914: 2907: 2874: 2833: 2806: 2775: 2750: 2737:10.2307/135893 2715: 2682: 2647: 2608: 2601: 2581: 2574: 2552: 2545: 2524: 2517: 2499: 2480: 2450: 2433: 2426: 2406: 2399: 2379: 2350: 2343: 2325: 2291:World Politics 2280: 2263:CyberEconomics 2259:"Rent Seeking" 2249: 2226: 2200: 2189:(3): 291–303. 2170: 2151: 2142:"Rent Seeking" 2130: 2124:978-0691247625 2123: 2117:. p. 95. 2093: 2068: 2034:"rent-seeking" 2022: 2021: 2019: 2016: 2014: 2013: 2008: 2003: 1998: 1993: 1988: 1983: 1978: 1973: 1968: 1963: 1958: 1953: 1946: 1941: 1931: 1929:Land value tax 1926: 1921: 1916: 1911: 1906: 1901: 1896: 1891: 1886: 1884:Cybersquatting 1881: 1876: 1871: 1866: 1861: 1855: 1854: 1853: 1839: 1825: 1809: 1806: 1769:Thomas Piketty 1676: 1673: 1641: 1638: 1626:Gordon Tullock 1621: 1618: 1520:Robert Shiller 1500: 1497: 1496: 1495: 1492: 1488: 1485: 1477: 1474: 1469:Luigi Zingales 1461:Gordon Tullock 1452: 1449: 1437:profit-seeking 1374:Gordon Tullock 1361: 1358: 1297: 1296: 1294: 1293: 1286: 1279: 1271: 1268: 1267: 1266: 1265: 1260: 1252: 1251: 1247: 1246: 1245: 1244: 1239: 1234: 1225: 1220: 1215: 1210: 1205: 1204: 1203: 1198: 1188: 1179: 1178: 1177: 1172: 1167: 1162: 1152: 1141: 1139:Monopolization 1133: 1132: 1126: 1125: 1124: 1123: 1121:Merger control 1118: 1113: 1108: 1103: 1098: 1093: 1088: 1087: 1086: 1081: 1067: 1059: 1058: 1057:Basic concepts 1054: 1053: 1043: 1042: 1032: 1031: 1029: 1028: 1021: 1014: 1006: 1003: 1002: 1001: 1000: 988: 973: 972: 969: 968: 963: 958: 953: 951:Ordoliberalism 948: 943: 938: 933: 928: 923: 918: 913: 908: 903: 898: 893: 888: 883: 877: 874: 873: 870: 869: 866: 865: 860: 855: 850: 845: 840: 835: 830: 828:Market economy 825: 820: 815: 810: 805: 800: 795: 790: 785: 780: 775: 770: 765: 760: 755: 750: 744: 742:Related topics 741: 740: 737: 736: 733: 732: 727: 722: 717: 712: 707: 702: 697: 692: 687: 682: 677: 672: 667: 662: 657: 652: 647: 642: 637: 631: 628: 627: 624: 623: 620: 619: 614: 612:State monopoly 609: 604: 599: 594: 589: 584: 579: 574: 569: 564: 559: 554: 549: 543: 540: 539: 536: 535: 532: 531: 526: 521: 516: 511: 506: 501: 496: 491: 485: 482: 481: 478: 477: 474: 473: 468: 463: 458: 453: 448: 443: 438: 433: 432: 431: 426: 421: 411: 406: 401: 396: 395: 394: 384: 379: 373: 370: 369: 366: 365: 362: 361: 356: 351: 346: 341: 336: 331: 326: 321: 316: 311: 306: 301: 296: 291: 286: 281: 276: 271: 264: 259: 254: 249: 244: 239: 233: 230: 229: 226: 225: 222: 221: 216: 211: 206: 201: 196: 191: 186: 181: 176: 171: 169:Liberalization 166: 161: 159:Invisible hand 156: 151: 146: 141: 136: 131: 126: 121: 116: 111: 106: 101: 96: 91: 86: 81: 76: 74:Businessperson 71: 69:Business cycle 66: 61: 55: 52: 51: 48: 47: 41: 40: 26: 9: 6: 4: 3: 2: 5483: 5472: 5469: 5467: 5464: 5462: 5459: 5458: 5456: 5437: 5434: 5432: 5429: 5427: 5424: 5422: 5419: 5417: 5414: 5412: 5409: 5407: 5404: 5402: 5399: 5397: 5394: 5393: 5391: 5385: 5379: 5376: 5374: 5371: 5369: 5366: 5364: 5361: 5359: 5356: 5355: 5353: 5347:International 5345: 5339: 5336: 5334: 5331: 5329: 5326: 5324: 5321: 5319: 5316: 5314: 5311: 5308: 5305: 5304: 5302: 5296: 5293: 5291: 5287: 5276: 5273: 5270: 5267: 5264: 5261: 5258: 5255: 5253:(South Korea) 5252: 5249: 5247: 5244: 5241: 5238: 5236: 5233: 5230: 5227: 5224: 5221: 5218: 5215: 5212: 5209: 5206: 5203: 5200: 5197: 5194: 5191: 5188: 5185: 5183: 5180: 5177: 5174: 5172: 5169: 5166: 5163: 5160: 5157: 5154: 5151: 5148: 5145: 5143: 5140: 5137: 5134: 5130: 5127: 5125: 5122: 5121: 5119: 5116: 5113: 5110: 5107: 5104: 5101: 5098: 5096: 5093: 5090: 5087: 5086: 5084: 5080: 5074: 5071: 5069: 5066: 5064: 5061: 5059: 5056: 5054: 5051: 5049: 5046: 5044: 5041: 5040: 5038: 5036:International 5034: 5031: 5025: 5015: 5012: 5010: 5007: 5005: 5002: 5000: 4997: 4995: 4992: 4990: 4987: 4986: 4984: 4980: 4974: 4971: 4969: 4968:State capture 4966: 4962: 4959: 4958: 4957: 4954: 4952: 4949: 4947: 4944: 4942: 4939: 4937: 4934: 4932: 4929: 4927: 4924: 4922: 4919: 4917: 4914: 4912: 4911:Elite capture 4909: 4907: 4904: 4902: 4899: 4897: 4894: 4892: 4889: 4888: 4886: 4882: 4874: 4871: 4869: 4866: 4865: 4864: 4861: 4859: 4856: 4854: 4851: 4849: 4846: 4844: 4841: 4839: 4836: 4832: 4829: 4827: 4824: 4823: 4822: 4819: 4817: 4814: 4812: 4809: 4807: 4804: 4802: 4799: 4797: 4794: 4792: 4789: 4787: 4784: 4782: 4779: 4775: 4772: 4770: 4767: 4766: 4764: 4762: 4759: 4757: 4754: 4752: 4749: 4747: 4744: 4742: 4738: 4735: 4733: 4730: 4729: 4727: 4723: 4720: 4718:of corruption 4714: 4708: 4705: 4703: 4700: 4699: 4697: 4693: 4687: 4684: 4682: 4679: 4677: 4674: 4672: 4669: 4667: 4664: 4663: 4661: 4657: 4653: 4646: 4641: 4639: 4634: 4632: 4627: 4626: 4623: 4609: 4606: 4605: 4604: 4601: 4599: 4596:Categories: 4590: 4589: 4586: 4578: 4577: 4573: 4572: 4571: 4568: 4564: 4563: 4559: 4558: 4557: 4554: 4550: 4549: 4545: 4544: 4543: 4540: 4538: 4537:David Ricardo 4535: 4531: 4530: 4526: 4525: 4524: 4521: 4517: 4516: 4512: 4511: 4510: 4507: 4505: 4504:Elinor Ostrom 4502: 4500: 4497: 4493: 4492: 4488: 4487: 4486: 4483: 4479: 4478: 4474: 4473: 4472: 4469: 4465: 4464: 4460: 4459: 4458: 4455: 4453: 4450: 4448: 4445: 4441: 4440: 4436: 4435: 4434: 4431: 4427: 4426: 4422: 4421: 4420: 4417: 4415: 4412: 4408: 4407: 4403: 4402: 4401: 4398: 4397: 4395: 4391: 4383: 4377: 4374: 4370: 4367: 4365: 4362: 4360: 4357: 4355: 4352: 4351: 4350: 4347: 4343: 4340: 4336: 4333: 4331: 4328: 4327: 4325: 4323: 4320: 4318: 4315: 4314: 4313: 4310: 4308: 4305: 4303: 4302:Privatization 4300: 4298: 4295: 4293: 4290: 4288: 4285: 4283: 4282:Legal plunder 4280: 4278: 4275: 4273: 4270: 4268: 4265: 4263: 4260: 4256: 4253: 4251: 4248: 4247: 4246: 4243: 4241: 4240: 4236: 4234: 4233:Expropriation 4231: 4229: 4226: 4224: 4221: 4219: 4216: 4214: 4211: 4207: 4204: 4203: 4202: 4199: 4198: 4196: 4194: 4189: 4185: 4173: 4170: 4168: 4165: 4164: 4163: 4160: 4158: 4155: 4153: 4150: 4146: 4145: 4141: 4140: 4139: 4136: 4134: 4131: 4127: 4124: 4122: 4119: 4117: 4114: 4113: 4112: 4109: 4107: 4104: 4100: 4097: 4096: 4095: 4092: 4090: 4087: 4085: 4082: 4080: 4077: 4075: 4072: 4071: 4069: 4065: 4057: 4054: 4052: 4049: 4047: 4044: 4042: 4039: 4037: 4034: 4033: 4032: 4029: 4027: 4024: 4020: 4017: 4016: 4015: 4012: 4010: 4009: 4005: 4003: 4000: 3996: 3993: 3991: 3988: 3986: 3983: 3982: 3981: 3978: 3976: 3974: 3970: 3968: 3967:(watercourse) 3966: 3962: 3961: 3958: 3955: 3951: 3943: 3940: 3939: 3938: 3935: 3933: 3930: 3928: 3925: 3921: 3918: 3916: 3913: 3911: 3910:primogeniture 3908: 3907: 3906: 3903: 3901: 3898: 3896: 3893: 3891: 3890:Legal plunder 3888: 3884: 3881: 3880: 3879: 3876: 3874: 3871: 3869: 3866: 3864: 3861: 3859: 3856: 3854: 3851: 3847: 3844: 3842: 3841:appropriation 3839: 3838: 3837: 3834: 3832: 3831:Excludability 3829: 3827: 3824: 3820: 3817: 3816: 3815: 3812: 3810: 3807: 3806: 3804: 3800: 3794: 3791: 3789: 3786: 3784: 3781: 3779: 3776: 3774: 3771: 3769: 3766: 3765: 3763: 3761: 3757: 3749: 3746: 3745: 3744: 3741: 3739: 3736: 3732: 3729: 3728: 3727: 3724: 3722: 3719: 3717: 3714: 3712: 3709: 3708: 3706: 3702: 3696: 3693: 3691: 3688: 3686: 3683: 3681: 3678: 3676: 3673: 3671: 3668: 3666: 3663: 3661: 3658: 3656: 3653: 3651: 3648: 3646: 3643: 3641: 3638: 3636: 3633: 3632: 3630: 3626: 3622: 3615: 3610: 3608: 3603: 3601: 3596: 3595: 3592: 3585: 3584: 3580: 3576: 3572: 3568: 3562: 3558: 3554: 3553: 3548: 3544: 3540: 3538: 3537:The Economist 3534: 3531: 3530: 3520: 3515: 3511: 3505: 3501: 3500: 3494: 3490: 3486: 3482: 3478: 3474: 3468: 3464: 3460: 3456: 3452: 3448: 3444: 3440: 3435: 3431: 3425: 3421: 3416: 3415: 3402: 3398: 3394: 3390: 3386: 3382: 3381:Public Choice 3378: 3371: 3363: 3359: 3355: 3351: 3348:(1): 230–71. 3347: 3343: 3336: 3329: 3314: 3310: 3303: 3296: 3290: 3282: 3280:9781849806039 3276: 3272: 3268: 3264: 3260: 3253: 3237: 3233: 3226: 3218: 3214: 3210: 3206: 3202: 3198: 3191: 3183: 3179: 3175: 3171: 3167: 3163: 3156: 3148: 3144: 3140: 3134: 3130: 3129: 3121: 3110: 3106: 3102: 3098: 3094: 3090: 3083: 3076: 3068: 3062: 3057: 3056: 3047: 3039: 3033: 3028: 3027: 3018: 3010: 3006: 3002: 2998: 2994: 2987: 2979: 2973: 2969: 2962: 2954: 2950: 2946: 2942: 2938: 2934: 2933: 2925: 2918: 2910: 2904: 2900: 2896: 2892: 2888: 2881: 2879: 2870: 2866: 2861: 2856: 2852: 2848: 2844: 2837: 2829: 2825: 2822:(3): 224–32. 2821: 2817: 2810: 2799: 2795: 2788: 2787: 2779: 2768: 2761: 2754: 2746: 2742: 2738: 2734: 2730: 2726: 2719: 2711: 2707: 2703: 2699: 2694: 2686: 2678: 2674: 2670: 2666: 2663:(1): 94–107. 2662: 2658: 2651: 2643: 2639: 2635: 2631: 2627: 2623: 2619: 2612: 2604: 2598: 2594: 2593: 2585: 2577: 2571: 2566: 2565: 2556: 2548: 2542: 2538: 2531: 2529: 2520: 2514: 2510: 2503: 2495: 2491: 2484: 2476: 2472: 2468: 2464: 2460: 2454: 2446: 2445: 2437: 2429: 2423: 2419: 2418: 2410: 2402: 2396: 2392: 2391: 2383: 2374: 2369: 2365: 2361: 2354: 2346: 2344:0-89096-090-9 2340: 2336: 2329: 2321: 2317: 2313: 2309: 2305: 2301: 2297: 2293: 2292: 2284: 2268: 2264: 2260: 2253: 2245: 2241: 2237: 2233: 2229: 2223: 2219: 2215: 2211: 2204: 2196: 2192: 2188: 2184: 2177: 2175: 2166: 2162: 2155: 2147: 2143: 2140: 2134: 2126: 2120: 2116: 2112: 2111: 2106: 2105:Deaton, Angus 2100: 2098: 2079: 2072: 2064: 2060: 2054: 2046: 2042: 2041: 2035: 2027: 2023: 2012: 2009: 2007: 2006:Value capture 2004: 2002: 1999: 1997: 1994: 1992: 1989: 1987: 1984: 1982: 1979: 1977: 1976:Rentier state 1974: 1972: 1969: 1967: 1964: 1962: 1959: 1957: 1954: 1952: 1951: 1947: 1945: 1944:Legal plunder 1942: 1939: 1935: 1932: 1930: 1927: 1925: 1924:Land monopoly 1922: 1920: 1919:Landed gentry 1917: 1915: 1912: 1910: 1907: 1905: 1902: 1900: 1897: 1895: 1892: 1890: 1887: 1885: 1882: 1880: 1877: 1875: 1872: 1870: 1867: 1865: 1862: 1860: 1857: 1856: 1851: 1845: 1840: 1837: 1831: 1826: 1823: 1817: 1812: 1804: 1802: 1795: 1793: 1788: 1785: 1780: 1778: 1774: 1773:Emmanuel Saez 1770: 1765: 1761: 1756: 1752: 1748: 1745: 1740: 1737: 1733: 1729: 1725: 1723: 1719: 1715: 1709: 1705: 1703: 1699: 1698:capital goods 1695: 1691: 1687: 1682: 1672: 1670: 1666: 1665: 1659: 1657: 1653: 1648: 1637: 1634: 1629: 1627: 1617: 1615: 1611: 1607: 1602: 1598: 1596: 1592: 1588: 1582: 1580: 1576: 1573:and avoiding 1572: 1567: 1564: 1560: 1556: 1552: 1547: 1543: 1539: 1537: 1533: 1529: 1523: 1521: 1513: 1509: 1505: 1493: 1489: 1486: 1483: 1482: 1481: 1473: 1470: 1464: 1462: 1458: 1448: 1446: 1442: 1438: 1433: 1431: 1427: 1422: 1420: 1416: 1412: 1408: 1404: 1402: 1397: 1393: 1391: 1387: 1383: 1379: 1376:in 1967, and 1375: 1371: 1370:David Ricardo 1367: 1366:economic rent 1357: 1355: 1351: 1347: 1342: 1340: 1336: 1332: 1328: 1325:, heightened 1324: 1320: 1316: 1312: 1308: 1303: 1292: 1287: 1285: 1280: 1278: 1273: 1272: 1270: 1269: 1264: 1261: 1259: 1256: 1255: 1254: 1253: 1249: 1248: 1243: 1240: 1238: 1235: 1233: 1229: 1226: 1224: 1221: 1219: 1216: 1214: 1211: 1209: 1206: 1202: 1199: 1197: 1196:Group boycott 1194: 1193: 1192: 1189: 1187: 1183: 1180: 1176: 1173: 1171: 1168: 1166: 1163: 1160: 1156: 1153: 1151: 1148:Formation of 1147: 1146: 1145: 1142: 1140: 1137: 1136: 1135: 1134: 1131: 1128: 1127: 1122: 1119: 1117: 1114: 1112: 1109: 1107: 1104: 1102: 1099: 1097: 1094: 1092: 1089: 1085: 1082: 1080: 1077: 1076: 1075: 1071: 1068: 1066: 1063: 1062: 1061: 1060: 1056: 1055: 1049: 1045: 1044: 1041: 1038: 1037: 1027: 1022: 1020: 1015: 1013: 1008: 1007: 1005: 1004: 999: 994: 989: 987: 982: 977: 976: 975: 974: 967: 964: 962: 959: 957: 954: 952: 949: 947: 944: 942: 941:Neoliberalism 939: 937: 934: 932: 929: 927: 924: 922: 919: 917: 914: 912: 909: 907: 904: 902: 899: 897: 894: 892: 889: 887: 886:Authoritarian 884: 882: 879: 878: 872: 871: 864: 861: 859: 856: 854: 851: 849: 846: 844: 841: 839: 836: 834: 831: 829: 826: 824: 821: 819: 816: 814: 813:Globalization 811: 809: 806: 804: 801: 799: 796: 794: 791: 789: 786: 784: 781: 779: 776: 774: 773:Crisis theory 771: 769: 766: 764: 761: 759: 756: 754: 751: 749: 746: 745: 739: 738: 731: 728: 726: 723: 721: 718: 716: 713: 711: 708: 706: 703: 701: 698: 696: 693: 691: 688: 686: 683: 681: 678: 676: 673: 671: 668: 666: 663: 661: 658: 656: 653: 651: 648: 646: 643: 641: 638: 636: 633: 632: 629:Intellectuals 626: 625: 618: 617:Technological 615: 613: 610: 608: 605: 603: 600: 598: 595: 593: 590: 588: 585: 583: 580: 578: 575: 573: 570: 568: 565: 563: 560: 558: 555: 553: 550: 548: 545: 544: 538: 537: 530: 527: 525: 522: 520: 517: 515: 512: 510: 507: 505: 502: 500: 497: 495: 492: 490: 487: 486: 480: 479: 472: 469: 467: 464: 462: 459: 457: 454: 452: 449: 447: 444: 442: 439: 437: 434: 430: 427: 425: 422: 420: 417: 416: 415: 412: 410: 409:Institutional 407: 405: 402: 400: 397: 393: 390: 389: 388: 385: 383: 380: 378: 375: 374: 368: 367: 360: 357: 355: 352: 350: 347: 345: 342: 340: 337: 335: 332: 330: 327: 325: 322: 320: 317: 315: 312: 310: 307: 305: 302: 300: 297: 295: 292: 290: 287: 285: 282: 280: 277: 275: 272: 270: 269: 268:Laissez-faire 265: 263: 260: 258: 255: 253: 250: 248: 245: 243: 242:Authoritarian 240: 238: 235: 234: 228: 227: 220: 217: 215: 212: 210: 209:Surplus value 207: 205: 202: 200: 197: 195: 192: 190: 189:Privatization 187: 185: 182: 180: 177: 175: 172: 170: 167: 165: 162: 160: 157: 155: 152: 150: 147: 145: 142: 140: 137: 135: 132: 130: 127: 125: 122: 120: 117: 115: 112: 110: 107: 105: 102: 100: 97: 95: 92: 90: 87: 85: 82: 80: 77: 75: 72: 70: 67: 65: 62: 60: 57: 56: 50: 49: 46: 43: 42: 38: 34: 33: 30: 19: 5178:(Madagascar) 5102:(Bangladesh) 5009:Vote pairing 4961:Rent-setting 4956:Rent-seeking 4955: 4916:Failed state 4816:Match fixing 4786:Embezzlement 4765:Corporation 4737:Black market 4603:Property law 4574: 4560: 4546: 4527: 4513: 4509:Karl Polanyi 4489: 4485:Marcel Mauss 4475: 4461: 4452:David Harvey 4437: 4433:Henry George 4423: 4414:Ronald Coase 4404: 4389: 4335:wife selling 4317:bride buying 4255:repatriation 4237: 4188:Disposession 4142: 4031:Property law 4006: 4002:Forest types 3972: 3964: 3953:Applications 3883:rent-seeking 3882: 3868:Gift economy 3726:Intellectual 3582: 3550: 3536: 3533:Rent-seeking 3518: 3498: 3446: 3419: 3384: 3380: 3370: 3345: 3341: 3328: 3316:. Retrieved 3312: 3302: 3294: 3289: 3262: 3252: 3240:. Retrieved 3236:researchgate 3235: 3225: 3200: 3196: 3190: 3165: 3161: 3155: 3127: 3120: 3109:the original 3095:(1): 50–70. 3092: 3088: 3075: 3054: 3046: 3025: 3017: 3000: 2996: 2986: 2967: 2961: 2936: 2930: 2917: 2890: 2842: 2836: 2819: 2815: 2809: 2798:the original 2793: 2785: 2778: 2767:the original 2753: 2728: 2724: 2718: 2701: 2697: 2685: 2660: 2656: 2650: 2625: 2621: 2611: 2591: 2584: 2563: 2555: 2536: 2508: 2502: 2493: 2483: 2475:the original 2466: 2453: 2443: 2436: 2416: 2409: 2389: 2382: 2363: 2353: 2334: 2328: 2298:(1): 25–42. 2295: 2289: 2283: 2271:. Retrieved 2267:the original 2262: 2252: 2210:Rent Seeking 2209: 2203: 2186: 2182: 2164: 2160: 2154: 2133: 2109: 2084:. Retrieved 2071: 2062: 2059:rent-seeking 2058: 2038: 2026: 1966:Patent troll 1948: 1800: 1797: 1792:Angus Deaton 1789: 1781: 1757: 1753: 1749: 1741: 1731: 1728:Mançur Olson 1726: 1722:public goods 1714:exploitation 1710: 1706: 1681:moral hazard 1678: 1662: 1660: 1647:productivity 1643: 1630: 1623: 1603: 1599: 1597:exemptions. 1583: 1579:productivity 1568: 1558: 1544: 1540: 1524: 1517: 1508:Antichristus 1507: 1479: 1465: 1454: 1441:profiteering 1434: 1423: 1419:productivity 1407:Rent-seeking 1406: 1405: 1394: 1378:Anne Krueger 1363: 1343: 1339:public trust 1337:, decreased 1302:Rent-seeking 1301: 1300: 1242:Rent-seeking 1241: 1155:Price fixing 1106:Market power 863:Wage slavery 803:Evergreening 514:Mercantilism 461:Neoclassical 289:Mercantilist 266: 199:Rent seeking 164:Visible hand 29: 18:Rent seeking 5351:and efforts 5349:instruments 5300:enforcement 5242:(Singapore) 5155:(Indonesia) 5091:(Argentina) 4973:State crime 4931:Mafia state 4926:Kleptocracy 4891:Clientelism 4858:Tax evasion 4741:Grey market 4477:Das Kapital 4364:progressive 4354:inheritance 4277:Land reform 4051:real estate 4026:Land tenure 4014:Inheritance 3942:anticommons 3878:Law of rent 3858:Game theory 3788:Information 3768:Common land 3665:Cooperative 2860:10986/12197 2273:11 February 2146:Econlib.org 1956:Manorialism 1934:Law of rent 1801:competitive 1782:Laband and 1718:bureaucracy 1661:Writing in 1360:Description 1344:Successful 1315:competition 1165:Bid rigging 946:Objectivism 931:Libertarian 848:Speculation 768:Consumerism 602:Progressive 541:Development 524:Physiocracy 471:Supply-side 279:Libertarian 257:Free-market 237:Anglo-Saxon 219:Wage labour 174:Marginalism 144:Free market 99:Corporation 5455:Categories 5426:Yo Soy 132 5271:(Tanzania) 5201:(Pakistan) 5114:(Cameroon) 4941:Plutocracy 4896:Coronelism 4853:Slush fund 4652:Corruption 4608:by country 4570:Adam Smith 4457:John Locke 4121:indigenous 4116:aboriginal 4036:alienation 3731:indigenous 3721:Intangible 3635:Collective 3481:2008009151 3147:j.ctt7t3fh 2794:FSA.gov.uk 2792:(Speech). 2167:: 224–232. 2055:required.) 2018:References 1874:Corruption 1850:law portal 1633:World Bank 1532:licensures 1382:Adam Smith 1331:corruption 1317:, reduced 1313:, stifled 1232:copyrights 1111:SSNIP test 926:Liberalism 911:Humanistic 896:Democratic 875:Ideologies 710:Schumpeter 456:Monetarist 387:Chartalism 334:Regulatory 309:Neoliberal 262:Humanistic 45:Capitalism 5389:movements 5309:(pending) 5277:(Vietnam) 5265:(Ukraine) 5225:(Romania) 5219:(Romania) 5195:(Nigeria) 5189:(Myanmar) 5167:(Liberia) 5138:(Croatia) 5108:(Burundi) 4982:Elections 4863:Tax haven 4791:Extortion 4751:Collusion 4732:Baksheesh 4471:Karl Marx 4272:Land Back 4223:Enclosure 4206:biopiracy 4144:Bergregal 4126:squatting 3900:Ownership 3814:Commodity 3793:Knowledge 3704:By nature 3660:Customary 3650:Community 3575:237794267 3489:750831024 3401:254934890 3182:154489617 2710:0890-913X 2677:158315455 2509:Economics 2368:CiteSeerX 2320:154601921 2236:1018-5941 2063:Economics 2030:Compare: 1790:In 2023, 1787:process. 1640:Criticism 1571:subsidies 1144:Collusion 1074:oligopoly 966:Third Way 956:Privatism 916:Inclusive 901:Dirigisme 695:von Mises 582:Illiberal 562:Corporate 557:Community 504:Feudalism 414:Keynesian 404:Classical 247:Corporate 59:Austerity 5298:Laws and 5231:(Russia) 5213:(Poland) 5161:(Latvia) 5120:(China) 5082:National 4936:Nepotism 4906:Cronyism 4811:Kickback 4598:Property 4491:The Gift 4390:key work 4385:Scholars 4369:property 4326:spousal 4292:Poaching 4228:Eviction 4172:riparian 4133:Littoral 4041:easement 4019:executor 3990:literary 3915:usufruct 3863:Georgism 3743:Tangible 3738:Personal 3645:Communal 3628:By owner 3621:Property 3545:(2008). 3362:13028796 2953:18809359 2244:15557383 2107:(2023). 2086:30 April 1904:Georgism 1808:See also 1591:lobbying 1499:Examples 1396:Georgist 1335:cronyism 1309:through 1070:Monopoly 793:Cronyism 705:Rothbard 680:Marshall 665:Friedman 597:Merchant 552:Consumer 547:Advanced 382:Austrian 377:American 304:National 299:Monopoly 252:Dirigist 154:Investor 64:Business 53:Concepts 37:a series 35:Part of 5387:Protest 5259:(Spain) 5149:(India) 4848:Scandal 4746:Bribery 4725:General 4406:The Law 4312:Slavery 4138:Mineral 4106:Hunting 4099:pannage 4094:Grazing 4079:Fishing 3965:Acequia 3932:Rivalry 3920:women's 3778:Digital 3760:Commons 3695:Unowned 3670:Private 3445:(ed.). 3318:7 April 3217:2234249 3009:2117699 2869:9605795 2642:1144023 2312:2010278 2195:1808883 1938:Ricardo 1575:tariffs 1491:favors. 1457:paradox 1430:bribing 1428:or the 1426:cartels 1321:, lost 1150:cartels 921:Liberal 881:Anarcho 818:History 650:Malthus 645:Ricardo 607:Rentier 592:Marxist 572:Finance 483:Origins 451:Marxist 399:Chicago 359:Welfare 319:Private 274:Liberal 94:Company 79:Capital 5176:BIANCO 4287:Piracy 4239:Farhud 4067:Rights 4008:Huerta 3980:Estate 3802:Theory 3783:Global 3685:Social 3675:Public 3640:Common 3573:  3563:  3506:  3487:  3479:  3469:  3426:  3399:  3360:  3277:  3215:  3180:  3145:  3135:  3063:  3034:  3007:  2974:  2951:  2905:  2867:  2745:135893 2743:  2708:  2675:  2640:  2599:  2572:  2543:  2515:  2424:  2397:  2370:  2341:  2318:  2310:  2242:  2234:  2224:  2193:  2121:  1859:Cartel 1794:wrote: 1775:, and 1595:tariff 1563:tariff 1528:guilds 1386:profit 1354:market 720:Weaver 715:Veblen 690:Walras 685:Pareto 675:Keynes 577:Global 344:Social 314:Nordic 284:Market 194:Profit 5136:USKOK 4884:State 4796:Fraud 4774:Shell 4769:Dummy 4376:Theft 4162:Water 4056:title 3985:legal 3973:Ejido 3711:Croft 3690:State 3655:Crown 3441:. In 3397:S2CID 3358:S2CID 3338:(PDF) 3313:Salon 3242:3 May 3238:. 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Index

Rent seeking
a series
Capitalism
Austerity
Business
Business cycle
Businessperson
Capital
Capital accumulation
Capital markets
Company
Corporation
Competitive markets
Economic interventionism
Economic liberalism
Economic surplus
Entrepreneurship
Fictitious capital
Financial market
Free price system
Free market
Goods and services
Investor
Invisible hand
Visible hand
Liberalization
Marginalism
Money
Private property
Privatization

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