Asher Schechter — Angus Deaton on the Under-Discussed Driver of Inequality in America: “It’s Easier for Rent-Seekers to Affect Policy Here Than In Much of Europe”

Summary:
In an interview with ProMarket, Nobel Prize-winning economist Angus Deaton talks about the connection of rent-seeking and monopolization to rising inequality. ProMarket — The blog of the Stigler Center at the University of Chicago Booth School of BusinessAngus Deaton on the Under-Discussed Driver of Inequality in America: “It’s Easier for Rent-Seekers to Affect Policy Here Than In Much of Europe” Asher Schechter

Topics:
Mike Norman considers the following as important: economic rent, inequality, monopoly power, rent-seeking

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