Wealth Transfers in a Rent-Seeking Polity

Below is a link to a pdf file of which I have scanned and found interesting.  Its’ title is that of this post.  My assumption is that few who visit my blog will read this file.  As such, I leave it to you to look up the definition of terms such as “rent-seeking” and “polity.” 

Having said that, if you are a visitor to my blog who must look up the defintion of these terms, your view of the article will most likely conincide with your political beliefs.  It is my opinion that one must work for years if not decades to fully understand economics and the interaction of economic principles with civil society.  Overlaying the reality of economics is always a layer of ill-defined political smear — either right or left.

Enjoy.

cj6n1-8

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