Economic rent is the amount above the COSTs, not the just above a competitive market, unless you're considering that all competitive markets drive profits to zero. (Which a lot of people argue is one issue with perfect markets)
It turns out, that they're both immoral and awesome. we have to find a way to have our cake and eat it too.
It turns out, that they're both immoral and awesome. we have to find a way to have our cake and eat it too.
-@hypercapital