The Political Economy of the Rent-Seeking Society

Anne O. Krueger
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Anne O. Krueger: University of Minnesota

A chapter in 40 Years of Research on Rent Seeking 2, 2008, pp 151-163 from Springer

Abstract: Abstract In many market-oriented economies, government restrictions upon economic activity are pervasive facts of life. These restrictions give rise to rents of a variety of forms, and people often compete for the rents. Sometimes, such competition is perfectly legal. In other instances, rent seeking takes other forms, such as bribery, corruption, smuggling, and black markets.

Date: 2008
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DOI: 10.1007/978-3-540-79247-5_8

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