Re:Justice Stevens reads the fine print
by tomrod on Tuesday March 29, 2022 @08:13AM
(#30841495)
Economists have all sorts of names for these.
For examples, imposed barriers for law or medical school is a form of barriers of entry. The profit-seeking motive becomes rent-seeking then, because the number of competitors is artificially lower.
For examples, imposed barriers for law or medical school is a form of barriers of entry. The profit-seeking motive becomes rent-seeking then, because the number of competitors is artificially lower.