Last Updated：2022/12/24
Ultimately, at the very end of the spectrum rent-seeking takes place in private social life, even though a delimitation critically depends on the society's 'subjective' definition of property rights and duties. It makes sense to define people begging on the street and knocking on doors as rent-seekers, in particular if they have opportunities to work.
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Ultimately,
at
the
very
end
of
the
spectrum
rent-seeking
takes
place
in
private
social
life,
even
though
a
delimitation
critically
depends
on
the
society's
'subjective'
definition
of
property
rights
and
duties.
It
makes
sense
to
define
people
begging
on
the
street
and
knocking
on
doors
as
rent-seekers,
in
particular
if
they
have
opportunities
to
work.
