{"product_id":"rent-seeking-9781852788704","title":"RENT SEEKING","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eThis is a succinct but comprehensive account of the research programme in rent-seeking launched in 1967 by Gordon Tullock’s argument that the availability of monopoly rents through government encourages self-seeking individuals to waste economic resources in competitive bidding for those rents.  \u003cp\u003e\u003ci\u003eRent Seeking\u003c\/i\u003e reviews each of the contributions for which Professor Tullock is famous, including the basic insight, the cost of transfers, competition for aid, the political market in rent-seeking, efficient rent-seeking, the transitional gains trap, and the cost of rent-seeking, and shows how each of these insights has triggered a burgeoning research literature.  He skilfully draws out the dangerous implications of rent-seeking behaviour for private property rights.  In characteristic fashion, he returns to his path-breaking work on the economic theory of constitutions in search of novel ways to secure the right to life, liberty and property through a reinforced constitutional republic.  Both for the specialist scholar and for the new initiate, this is a great and instructive essay.\u003c\/p\u003e","brand":"Edward Elgar Publishing Ltd","offers":[{"title":"Default Title","offer_id":51043040952663,"sku":"9781852788704","price":16.95,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781852788704.jpg?v=1750956772","url":"https:\/\/bookcurl.com\/products\/rent-seeking-9781852788704","provider":"Book Curl","version":"1.0","type":"link"}