Articles on rent seeking

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Rather than an unfortunate but unavoidable side effect of economic advance, increased inequality that results from rent-seeking is arguably cancerous. Flickr/Gary Sauer-Thompson

This budget - like others before - will favour the rent-seekers

Our policy-makers know perfectly well how to reduce inequality and tackle political favouritism. The question is, will this federal budget even try?
The first incarnation of the now-gone mining tax focused on economic rent. Is targeting powerful rent seekers too hard? AAP/Kim Christian

How’s this for fundamental tax reform? Target the rentseekers

Tax is back in the spotlight with coalition MPs and the Australia Institute talking about getting rid of some of the exemptions to the GST. There has also been a lot of talk about whether or not corporate…
Has our use of economics language been a real driver of economic growth? Cau Napoli Collettivo Autorganizzato Universitario di Napoli/Flickr

Speak well of the bourgeois, and prosper

Do the words we use to speak of economic matters, matter? I believe they do, but not by the propagation of textbookish jargon. Rather, the main way they matter is in shaping public ethics. Economics has…

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