Category Archives: Rent Seeking

The Morality of Profit

Posted on October 21, 2011 by Jeff

[Updated from May 21, 2011 post] Sheldon Richman in The Morality of Profit has a link to a video from the Atlas Foundation where Tom Palmer discusses the morality of profit. (Also available direct here.) On October 21, 2011 Tom … Continue reading →

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Price Controls: Yet another way some seek advantage over others through the government

Posted on June 15, 2011 by Jeff

I just read a great summary on The Freeman Online of the many problems with price controls. It was written in 1978 but is still quite relevant today. I highly recommend it. Congress is currently debating reducing price supports on … Continue reading →

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Powerful because of wealth versus Powerful because of influence. I’ll take the former.

Posted on April 16, 2011 by Jeff

Hayek in the Road to Serfdom makes the point that in a socialist economy the only way to advance is through successfully lobbying the government so that your group is accorded greater privileges. If you have the misfortune to belong … Continue reading →

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