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Prior to beginning work on this discussion, read Tim Worstall's article,One Benefit of Nancy MacLean's Democracy in Chains - Public Choice and Rent Seeking Popularized.
Prior to beginning work on this discussion, read Tim Worstall's article,One Benefit of Nancy MacLean's Democracy in Chains - Public Choice and Rent Seeking Popularized.
- What is the public choice idea or theory?
- Explain what rent seeking is.
- How can you combine the ideas of public choice and rent seeking?
- Choose one real-world example of combining public choice and rent seeking to evaluate.
https://www.forbes.com/sites/timworstall/2017/08/06/one-benefit-of-nancy-macleans-democracy-in-chains-public-choice-and-rent-seeking-popularised/?sh=3cc2e57f6aca
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