An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, July 31, 2017
Chris Dillow — Two posts on power and rent-seeking
When capital is favored as a factor, asymmetrical power and consequent rent extraction result. The consequence is push back from those that perceive themselves as being cheated.
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