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Rent Seeking Behavior

by James Tierney

When discussing monopolies and government regulation, it is important for our students to understand the idea of rent seeking behavior. This clip provides as a clear-cut example of that. It is a great clip and the entire episode is great as well.

South Park -- Rent Seeking & Competition

In this episode, Timmy has created a new business called handicar (this episode is all about Uber and ride-sharing). The cab drivers are upset and instead of making a better product, they spend resources trying to shut handicar down.

from South Park (2014)
Creator: Parker-Stone Studios
Posted by James Tierney