Rent-seeking

What is Rent-seeking?


1.

Noun: A search for privilege and personal gain through the political process.

Behavior of various agents in society use rent-seeking methods to maximize their market power by means other than socially valuable methods of increasing productive efficiency and the like.

See greenies


51

Random Words:

1. Last name of author Franz Kafka. Generally used as a noun to describe "that which has qualities similar to Kafka's litterature..
1. the destruction of self and team through your own careless, stupid, and often illegal activities. In other words, squandering the sum o..
1. Short-tempered, religious, smelly, wanna-be fashionista who should not be allowed to work at the front desk of a 4-star hotel. "Ma..