The pros and cons of rent-seeking: Political rent in various research paradigms

The pros and cons of rent-seeking: Political rent in various research paradigms

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This article shows that how we look at political rent and rent-seeking depends on our position on state interference in the economy and which theory of regulation we are familiar with.Although the theory of rent-seeking is in accordance with the paradigm of the private interest (economic) theories of Nutritionals - Infant regulation, the researcher also needs an insight based on the public interest theories of regulation if he wants to judge the impact of rent-seeking and the creation of political rent on social well-being properly.The paper is also a conceptualization of political rent.It describes forms of rent-seeking and economic systems Furniture Set most amenable to it.