4 ms·
I'm not sure this author even gets to the point of showing, by his own definition, that Musk is a rent-seeker. He establishes a broad definition of "rent-seeki
by ejdyksen 13y ago
I'm not sure this author even gets to the point of showing, by his own definition, that Musk is a rent-seeker.
He establishes a broad definition of "rent-seeking" early in the article as this:
...income from government-enforced monopolies, such as patents, copyrights or government projects...
Then he details how some of Musk's businesses have benefited from the government, but fails to actually establish how any of those benefits translate into a "government-enforced monopoly".
- cma 13y agoEmitting cars don't normally pay anything to emit pollution, but with the zero-emmissions subsidy, they do. But the author treats zev credits as something that just comes out of nowhere.