Rent-Seeking Definition Debate
Comments primarily debate the precise meaning of 'rent-seeking,' with users correcting misuses, providing economic definitions, and linking to sources like Wikipedia to argue whether a specific behavior qualifies.
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That’s not what rent-seeking meanshttps://www.econlib.org/library/Enc/RentSeeking.html
That's not rent seeking: https://en.wikipedia.org/wiki/Rent-seeking
How exactly is this rent seeking?
That's not what rent seeking means in this context.https://en.wikipedia.org/wiki/Rent-seeking
yes.let me google that for you. https://corporatefinanceinstitute.com/resources/economics/re...
Because one is literally the definition of rent-seeking[0], and one is not.[0] https://en.wikipedia.org/wiki/Rent-seeking
It feels closer to rentseeking to me.
would you say that... rent seeking... is bad?
In two words, rent seeking.
Yes - rent seeking in both the economic and colloquial definition. :-)