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  • Nov 28th, 2018 @ 4:02am

    Rent seeking

    This practice seems rather similar to rent seeking. Here, they're putting in a lot of effort to gain advantage by smearing their competitors. Rent seeking involves focusing effort and resources to gain advantages like monopoly in some area, exclusive markets,lobbying for regulations that favor only their company, or entry barriers,etc, trying to increase profits in ways that do nothing to improve productivity, improve the product, increase customer satisfaction, or improve their basic technologies.

    An economy that becomes more and more dominated by rent seeking activities is an economy that is on the road to collapse. Our economy, surprise surprise, is becoming ever more dominated by rent seeking activities.

  • Oct 19th, 2018 @ 10:46am

    What need od experts?

    You almost could have stopped after "there are currently twice as many talk radio hosts as scientists" Congressional members. A sign of a country becoming dominated by those who look down on education and expertise, thinking of anyone with a PhD as someone with “little letters behind their names". Apparently, our current president is the most expert of experts in EVERYTHING, he surely needs no help understanding ANYTHING. You no longer need to acquire expertise, you can assert it and rise to the top in our idiocracy..

  • Apr 24th, 2015 @ 9:28am

    It's obviously not about trade

    It should be immediately obvious TPP isn't about trade, just by reading its title. Like orgs with 'family' in their name, or 'religious freedom' laws, or 'voter fraud' laws, if nefarious deeds are afoot, you name your effort with the antithesis of your intentions.