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Is there any sector of the economy where private rent-seeking isn't a major component of profits?

No. The payment of the factors of production is always in large part politically determined, so all profits (and all wages, for that matter) are always in large part zero-sum rent seeking.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Apr 21st, 2010 at 12:09:17 PM EST
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