3 ms·
I know what rent seeking is. That is why it is wrong to claim any salary/profit above operating costs are rent seeking.
by victorbjorklund 1y ago
I know what rent seeking is. That is why it is wrong to claim any salary/profit above operating costs are rent seeking.
- tshaddox 1y agoI didn’t claim that and neither did the commenter before me. The commenter implied that, because the operation has non-zero costs, it must not be rent seeking. I offered a correction.