9. (2013 August) Audio: Stiglitz on Rent-Seeking

“Professor Joseph Stiglitz joins the BBC’s Justin Rowlatt, a phalanx of French economists and the Parisian public, as they debate the cost of inequality at Paris Dauphine University.”

In this audio clip, 27:00 in, Stiglitz explains the concept of rent-seeking. He specifically cites land as a prime example.

http://www.bbc.co.uk/programmes/p01brr81