Is This Just Rent Seeking
YOUR CLARK LINK: https://clarkwp.wpenginepowered.com/landing/social/sprouts_deutschland/?utm_source=instagram&autm_campaign=bc-45-3-x Rent-seeking is a behavior that describes the tendency of people to make profits without doing any real work. This reduces economic efficiency through the misallocation of resources. Rent-seeking also hinders wealth creation, reduces government revenues, increases income inequality, and potentially leads to national decline. Support us on Patreon ➜ https://bit.ly/3MqY00D DOWNLOAD video without ads and background music 🤫 : https://sproutsschools.com/video-lessons/ Subscribe to our mailing list and don't miss any new video from us 🔔 : http://eepurl.com/dNU4BQ SOURCES and teaching aids 🎓 : https://sproutsschools.com/rent-seeking-taking-without-giving/ VISIT our website : www.sproutsschools.com CONTRIBUTE by promoting your favorite topic or suggesting new topics: https://sprouts.featureupvote.com/ THANK YOU to our patrons This video was created with the support of our patrons: Adam G, Andrea Basilio Rava, Angela, Badrah, Bettina Kind, Bob Wilkerson, Broke, Cedric Wang, Daniel Kapuschinsky, Daniel Kramer, David Markham, Deepak Kamlesh, Denis Kraus, Don Bone, Enrique Arellano Farias, Esther Chiang, Gatsby Dkdc, Ginger, Hal Beltran, Jeffrey Cassianna, Johan Klassen, John Zhang, Jonathan Schwarz, Judy Roland, kritik bhimani, Margaret Grace, María, Marq Short, Mathis Nu, Muhammad Humayun, Nancy Bueffler, Raman Srivastava, Raymond Fujioka, Reynir Örn Bachmann Guðmundsson, Scripz, Sergei Kukhariev, Shao Xiang, Stephen, Susan Schuster, Tetiana Gerasymova, Tsungren Yang, Vishruth Harithsa, Wolfgang Vullhorst and all the others. Thank you all! To join them, visit www.patreon.com/sprouts COLLABORATORS Screenplay: Jonas Koblin and Jonas Jacquet Illustrator: Pascal Gaggelli Voice: Mithril Coloration: Nalin Arrangements: Peera Lertsukittipongsa Head of the Partnership Program: Selina Bador Production: Bianka Sound design: Miguel Ojeda SOUNDTRACKS Tarantella - Adieu Adieu Dig deeper with these top videos, games, and resources: Private and public rent-seeking (and Chilean buses), hear Russ Roberts and his guest Mikel Munger discuss rent-seeking on econtalk What Is Rent Seeking – How Forbes Magazine Explains It Evonomics 101 – How We Can Prevent Rent Seeking Another Way to Prevent Rent Seeking and Corruption – A Real-Life Example SOURCES https://en.wikipedia.org/wiki/Rent-seeking https://www.econlib.org/library/Enc/RentSeeking.html https://www.investopedia.com/terms/r/rentseeking.asp EXERCISE IN THE CLASSROOM Role-play with your students: If available, look for a real-life example of a company that exhibits for-profit behavior that has recently been made public and resolved. Divide your class into company representatives, company employees, and government officials, or other key players in this case. Play through the case where the officers accuse the company of rent-seeking behavior. How should the company react to this? How does this affect employees? What would your students do differently than if the case were solved in real life? Original: "Sprouts Germany" Original: German. All translations in this video have been done by the alugha AI.