Is America Encouraging the Wrong Kind of Entrepreneurship? (2017)
Not a very good article, but I agree with the idea that rent-seeking should be discouraged and we need to fight against it.<p>As an entrepreneur&#x2F;self-employed person who 100% does not have any special relationships in government and relies almost solely on referrals, it is very frustrating to see people &quot;create&quot; wealth because they have special relationships with government officials.<p>In my industry, education, it&#x27;s pretty rampant. Textbook deals are particularly horrendous.<p>Even on the local level it can be pretty bad. At a local charter school near me, a math teacher working at the same school is the number one recommended math tutor for students in HIS program. While they are not allowed to be his current students, he has a very parasitic relationship with them.<p>He charges a very local high rate ($100+ per hour) to students that he has taught math to. It just blows my mind how corrupt this is. I have heard him bragging about making thousands of dollars a month and more than doubling his school salary from students in a math&#x2F;science program that he is an administrator&#x2F;teacher for.<p>And this is at a very competitive math and science charter school who routinely sends people to the top math and science colleges in the country.<p>I mean, I get it, people want to make money, but this type of behavior is just disgusting.