What is rent seeking

User Generated

zmzboo

Business Finance

Description

what is rent seeking and how log rolling fit in

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Explanation & Answer

Rent seeking is a point when an organization, association or individual uses their assets to acquire a monetary addition from others without responding any profits back to society through riches creation. Logrolling is a typical practice among voting government lawmakers to guarantee the section of particular laws; laws that would not so much be passed freely. Logrolling is regularly thought to be "governmental issues as more often than not," as government officials do a touch of trading off, arranging, arm turning, reserved alcove moving, and off camera controlling.



Anonymous
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