Lonelypumpkins on Nostr: a classic example of rent seeking is someone who installs a chain across a river, and ...
a classic example of rent seeking is someone who installs a chain across a river, and when a boat gets hung up in it, charges them to raise the chain.
there's some overlap with extortion.
Published at
2024-10-31 18:11:46Event JSON
{
"id": "67c967a4213d6234b52d01664d683da560c4634a96735c4af2203f21cdede52d",
"pubkey": "964cb93909b0a0115bd7793fa92bdd3f416ef373c3bb280f7b64129a216a783d",
"created_at": 1730398306,
"kind": 1,
"tags": [
[
"p",
"d6b095f3947562642306edbf0c22c22b7b7855499088873df353506b5775d03d"
],
[
"p",
"964cb93909b0a0115bd7793fa92bdd3f416ef373c3bb280f7b64129a216a783d"
],
[
"e",
"fe9a969ac0d79737127e9b6c9d87e75b6195567751ff4c49aca9f0568a9a8b62",
"",
"root"
],
[
"e",
"e8fbc44a06c1f4fab2c987479bd36e3930f5265a418ad3c9ba693db844c7d9fa",
"",
"reply"
]
],
"content": "a classic example of rent seeking is someone who installs a chain across a river, and when a boat gets hung up in it, charges them to raise the chain.\n\nthere's some overlap with extortion. ",
"sig": "a3ec170ef1ebbc00d599bfdd1ff4b485e457a4bb224502a9266c360e567b6f0b11c8d98ca5187662efb0f69645c123dc1cdf1a3dea08fcced31ef1f267aae26a"
}