Rising Tide Rents and Robber Baron Rents
O'Reilly Media
APRIL 23, 2024
Economists Mariana Mazzucato and Josh Ryan-Collins write , “If the reward accruing to an actor is larger than their contribution to value creation, then the difference may be defined as rent. When the local baron sent his troops to collect what he considered his share of the harvest, it was impossible to say no. What Is Economic Rent?
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