David is joined this week by Steven Teles of the Niskanen Center, also a professor of political science at Johns Hopkins, and a well-known author in the domain of political economy. David and Dr. Teles go all over the map discussing rent-seeking, the role cronyism plays in feeding wealth inequality, and what policy solutions and trade-offs need to be on the table. A lot is covered, and a lot more is left for future coverage!