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| Science Forum Index » Economy Forum » The IMPROVED definition of "economic rent" |
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| Author |
Message |
| The Trucker |
 Posted: Wed Nov 30, 2005 9:38 pm |
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Guest
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I started to change the current definition of economic rent in wikipedia and
realized that it was so totally wrong that it could not be salvaged. At a loss
I typed in "political economy" and found some basis for hope in this
Neocon world. So the proper definition (IMHO) of economic
rent can be found in wikipedia by looking up "economic rent (political
economy)".
I am ready to fend off all the rotten tomatoes. Just don't be zapping
my creation too fast.....
I also found that a lot of the crapola I had heard about Marx was,
uh, crapola. Not even Marx thought that a buggy whip was
worth anything without a market for buggy whips.
Political economy and the like are very new and fledgling
in wikipedia. The Austrians should stay in the "economics"
area that concerns itself with micro and the real world people
should probably contribute to political economy.
--
"I know no safe depository of the ultimate powers
of society but the people themselves; and
if we think them not enlightened enough to
exercise their control with a wholesome
discretion, the remedy is not to take it from
them, but to inform their discretion by
education." - Thomas Jefferson
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