Matt Mitchell is the director and senior research fellow at the Equity Initiative at the Mercatus Center. He joins the show today to talk about rent seeking and how it affects long term economic growth and prosperity. David and Matt also discuss regulatory capture, the rise of patent trolls, and the economics of public choice theory.

 

Transcript for the episode: https://www.mercatus.org/bridge/podcasts/12172018/macroeconomics-rent-seeking

 

Matt’s Twitter: @MattMitchell80

Matt’s Mercatus profile: https://www.mercatus.org/matthew-mitchell

 

Related Links:

 

*Why Nations Fail: The Origins of Power, Prosperity, and Poverty* by Daron Acemoglu and James Robinson

https://scholar.harvard.edu/jrobinson/publications/why-nations-fail-origins-power-prosperity-and-poverty

 

*The Political Economy of the Rent-Seeking Society* by Anne Krueger

https://www.jstor.org/stable/1808883?seq=1#page_scan_tab_contents

 

*Entrepreneurship: Production, Unproductive, and Destructive* by William Baumol

https://www.jstor.org/stable/2937617

 

*Uncontestable Favoritism* by Matt Mitchell

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3210953

 

*40 Years of Research on Rent Seeking* by Roger Congleton, Arye Hillman, and Kai Konrad

https://www.springer.com/us/book/9783540791881

 

David’s blog: macromarketmusings.blogspot.com

David’s Twitter: @DavidBeckworth