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> these are probably the biggest (in terms of $) examples of rent seeking in the US LOL. You forgot big banks and "too big to fail", military-industrial comple
by asgard1024 11y ago
> these are probably the biggest (in terms of $) examples of rent seeking in the US
LOL. You forgot big banks and "too big to fail", military-industrial complex and all the wars.. Your examples are peanuts compared to these.
- yummyfajitas 11y agoUm, banks and "too big to fail" cost a few billion dollars a few times a century. The most recent bailout was profitable for the treasury. While I'm not generally a proponent of war or the military, it's hardly clear that these are a large amount of rent seeking compared to the broader economy.