THE CONCEPT OF SOCIETY’S SURPLUS, “ECONOMIC RENT”

 

Speaking of Earthsharing Canada’s Frank de Jong, as we were in the last post, here Frank introduces the concept of ‘economic rent’ to Hugh Reilly and Erin Ademoglu on That Channel’s “Liquid Lunch” program.

You’re a pretty decent pedagogue, Frank!

And, as Macrobusiness suggests today, it’s so much easier to leech off economic rents than to create extra real wealth.






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