Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Michael Boyle is an experienced financial ...
Over the past decade, mass tort litigation involving de minimis levels of impurities has skyrocketed. One need only turn on the evening news to see advertisements for litigation related to allegedly ...
This behavior is called rent-seeking. Rent-seeking frequently requires spending your own resources so you own someone else’s surplus in the end. In the public sector, for example, government lobbyists ...
Rent-seeking describes profit-seeking through the manipulation of the regulatory or legal apparatus rather than by competing with others in the marketplace. Cronyism is a common form of rent-seeking, ...