Get Quote by Angus Deaton
“What is not OK is for rent-seekers to get rich.”
About This Quote
Source Speech: Economic Inequality Forum, 2019
Criticizes rent‑seeking wealth accumulation as unjust and harmful to society.
In simple terms: Rent‑seeking wealth is unfair.
Key Takeaway
Advocate policies limiting rent‑seeking.
Themes
economics
justice
wealth distribution
policy
Mood
critical
urgent
Type
policy
analytical
When to use this quote
- tax reform
- antitrust enforcement
- public investment
Key Concepts
Rent‑seeking
inequality
public good
Questions to Reflect On
- What incentives drive rent‑seeking?
- How can fair wealth creation be encouraged?
A Different Perspective
Complex economies have legitimate profit motives.
