It Could Happen Here Weekly 94
It Could Happen Here
00:00
The Economics of Concessions of Rent
Corineal argues that there's basically two ways of thinking about rent in terms of a commodity like oil. There is a macroeconomics view in which the rent someone who owns oil extracts when people have to buy it from them. And so we're going to turn to Corineal's analysis of the way that neoclassical economics thinks about rents.
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