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May 26, 2006

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Dana Ames

Hmmm....the "rent seeking" activity you describe could characterize lots of places in Africa and South America today. Not a pretty picture- how to get the hamster off the wheel?

I am glad to know that the northern Italians, from whom I am descended, were so innovative :)
Dana

Michael Kruse

"..."rent seeking" activity you describe could characterize lots of places in Africa and South America today."

I will write more about this next week but you are right on. Who colonized Central and South America as well as large portions of Africa? Spain, France and Portugal. The big three "rent seeking" cultures of Europe. It is deeply ingrained. How to get the hampster off the wheel indeed!

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