Word of the Week

rent-seeking behavior (adv.) – getting paid for doing nothing that adds value.

I’ve heard this day after day in the news lately. There were several rent seeking jobs with the Census last year, i.e. people sitting around with no work to do. Some believe teachers’ unions (and other unions) are rent seeking. I’ve heard that some teacher unions in the suburbs here don’t do much to better conditions for teachers, but big city unions do more.

About smkelly8

writer, teacher, movie lover, traveler, reader
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