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*** see New Yorker article on subject Dec/ 2010 >> to confirm | *** see New Yorker article on subject Dec/ 2010 >> to confirm | ||
=== Other useful Economics terms and concepts === | === Other useful Economics and "Political Economy/-ics" terms and concepts === | ||
* Tragedy of the Commons | * Tragedy of the Commons | ||
* Rent-seeking | * Rent-seeking | ||
* Client politics | |||
* Regulatory capture | * Regulatory capture | ||
* Externalities | * Externalities |