Ashford University course work:
ECO 204 Week 5 Discussion 2 Public Choice and Rent Seeking (Ashford University)
Public Choice and Rent Seeking [WLOs: 4, 5] [CLOs: 1, 4, 6, 7]. 1st Post Due by Day 3. Prior to beginning work on this discussion, read Tim Worstall’s article, One Benefit of Nancy MacLean’s Democracy in Chains – Public Choice and Rent Seeking Popularised.
Based on the article’s information and Chapter 14 in your textbook, especially Sections 14.1 and 14.2, respond to the following:
• What is the public choice idea or theory?
• Explain what rent seeking is.
• How can you combine the ideas of public choice and rent seeking?
OK, Ashford, but still.
Being used in a syllabus I’ve not assigned myself….