3 ms·
you didn't read the author's definition of rent, which was more technical than "rent-seeking". For example, if you self-publish an ebook for $49, nearly 100% o
by logicallee 12y ago
you didn't read the author's definition of rent, which was more technical than "rent-seeking". For example, if you self-publish an ebook for $49, nearly 100% of that would be considered rent by the author. Read his definition carefully.
- bcg1 12y agoMy apologies, I got lost inside my own brain, as I often do. After re-reading I realize that I did not detect the tone of your commentary, so I respectfully withdraw any criticism of it. I still stand by my own statement however :)