Silly Little Country

The Rent-Seekers Descend

Will Wilkinson depresses me a little. And makes me wonder if the market is not already addressing this a lot more simply.

Of course, even with simply higher oil prices (after all that also needs to be 'fixed'), we will see governments open up the rent-seeking opportunities - they have to do something, and not many governments do anything other than that!

Labels: pricing, rent-seeking

posted by Alan Adamson @ 6:30 AM