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0 pointsvictorbjorklund1y ago0 comments

I know what rent seeking is. That is why it is wrong to claim any salary/profit above operating costs are rent seeking.

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1 comments · 1 top-level

I didn’t claim that and neither did the commenter before me. The commenter implied that, because the operation has non-zero costs, it must not be rent seeking. I offered a correction.

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