News for hackers. Stuff that matters.
Re:For a Better Economy, Add Commuter Rail? by dredmorbius on Saturday August 13, 2016 @09:15PM (#12283861)
As another case in point, from another HN comment and article, look at the case of plea-bargaining:

https://news.ycombinator.com/item?id=12282830

One party (the prosecutor) has the option to threaten a severe penalty (high cost) to the defendant, whilst the defendant (often indigent) has little means to mount a defense. The DA's benefit is not only offsetting court costs (an interest in which the Court is complicit), but in racking up a conviction.

That is, the costs (overbearing convictions, often false convictions) are externalised, the benefits (trial costs, political advantage) are internalised.

I don't see how this can be considered "rent seeking". It's simply a strongly asymmetric power relationship and cost/benefit allocation.

There are no comments on this comment yet.