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<blockquote data-quote="MorkandMindy" data-source="post: 76042832" data-attributes="member: 172332"><p>Economists class this as 'rent seeking'.</p><p></p><p>'Rent-seeking is the effort to increase one's share of existing wealth without creating new wealth. Rent-seeking results in reduced economic efficiency through misallocation of resources, reduced wealth-creation, lost government revenue, heightened income inequality, and potential national decline.' Wikipedia</p></blockquote><p></p>
[QUOTE="MorkandMindy, post: 76042832, member: 172332"] Economists class this as 'rent seeking'. 'Rent-seeking is the effort to increase one's share of existing wealth without creating new wealth. Rent-seeking results in reduced economic efficiency through misallocation of resources, reduced wealth-creation, lost government revenue, heightened income inequality, and potential national decline.' Wikipedia [/QUOTE]
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