Showing posts with label rent seeking. Show all posts
Showing posts with label rent seeking. Show all posts
Sunday, October 26, 2025

The Political Economy of Corruption: How Social Democracy Became the Engine of Decay

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  In a world of uncertainty, no one knows the correct answer to the problems we confront and no one therefore can, in effect, maximize profi...
Tuesday, September 04, 2012

How the Rent Seeking Model Failed Enron

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When companies shift focus from servicing the consumers to seeking to profit from regulation, trouble lies ahead. That’s the story of Enron...
Saturday, June 30, 2012

The Anatomy of Rent Seeking: China Edition

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Rent seeking is simply the manipulation of the social or political environment in order to obtain wealth through monopoly privileges ( Wikip...
Saturday, May 26, 2012

Warren Buffett’s Political Entrepreneurship Investing Paradigm

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Warren Buffett has been unabashed crony for the Obama regime , to the extent that has even spited on the principles embraced by his Dad, Ho...
Sunday, April 01, 2012

Quote of the Day: Keynes the Crony

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Writes Bob Wenzel , He was 83% long going into the downturn that resulted in the 1929 crash. So how could Keynes be a great investor wi...
Monday, March 19, 2012

Quote of the Day: Central Banking Crony Capitalism

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The second point made in the classic video is that open market operations are a handout to the dealer banks. Suppose the government is go...
Thursday, March 15, 2012

How Foreign Trade Restrictions Obstructs Economic Growth

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In discussing the official complaint filed by the US at the World Trade Organization (WTO) against China’s rare earth export restrictions, C...