Prior to beginning work on this discussion, read Tim Worstalls article, .
Based on the articles information and Chapter 14 in your textbook, especially Sections 14.1 and 14.2, respond to the following:
- What is the public choice idea or theory?
- Explain what rent seeking is.
- How can you combine the ideas of public choice and rent seeking?
- Choose one real-world example of combining public choice and rent seeking to evaluate.
Your initial post should be a minimum of 300 words.