Politics beats economics. Such is life in Canberra.
William discusses pokies, mandatory pre-commitments and the confusion between economics and politics.
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Posts Tagged 'rent seeking'
Jiggery Pokery – The economics of gambling in Australia and proposed pokies reforms
The ongoing debate over mandatory pre-commitment on pokies is big on hype, but at the heart of it all is the Productivity Commission’s (PC) inquiry into gambling. The report is.. read more
Incentive asymmetry and the power of lobbying
Jessica Irvine has written an excellent article on The Age entitled “Enough of the pedlars in politics” that discusses the issue of ‘rent seeking‘. Rent seeking is a word used.. read more
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