I'm keen on what I loosely refer to John Kay's theory of rent seeking. I like it because it puts the issues with market and state influence into perspective, e

I'm keen on what I loosely refer to John Kay's theory of rent seeking. I like it because it puts the issues with market and state influence into perspective, especially the issues people tend to blame the economic theory they don't favour for. I think a lot of the benefit from coming off the gold standard is that it disrupted an established rent seeking power structure around gold.