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.
Stumbling and Mumbling
Chris Dillow | Investors Chronicle
Showing posts with label social influence. Show all posts
Showing posts with label social influence. Show all posts
Monday, July 31, 2017
Chris Dillow — Two posts on power and rent-seeking
Stumbling and Mumbling
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