Efficient rent-seeking

I wish to thank the many loyal MR readers (buyers!) who pre-ordered my Discover Your Inner Economist: Use Incentives to Fall in Love, Survive Your Next Meeting, and Motivate Your Dentist.  On Amazon.com it went from non-existent in the rankings to a peak of #220, hovering most of the day in the mid-200s.

The offer of access to my secret blog still stands; pre-order the book and write to [email protected] 

By the way, here is Daniel Klein on the use of tying to produce public goods.  Or think of the economics this way: ex post copyright brings monopoly rents to some producers.  Some of those profits are competed away by advertising, except in this case "the ad" is intended to provide real (not just persuasive) benefits to the consumers.  Here are books and papers on efficient rent-seeking.

Addendum: I’ve now been adding new posts to it, but of course I can’t tell you their topics!


Comments for this post are closed