It is interesting that issues to do with rent seeking have been under study for about half a century but there isn't much consensus on them that what might appear.
Scholars have got some appreciation of what rent seeking is but defining it has been difficult because of the failure to find a set of words which encompass what rent seeking is. Therefore various definitions of rent seeking are abound. Some define it as an unproductive transfer of resources among many definitions.
The major issues have to be the extant of events to be considered under rent seeking. The urge to contrast rent seeking with profit seeking might limit........
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