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Rent Seeking, By Joseph Stiglitz

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Rent Seeking, By Joseph Stiglitz
In the world that we are living, people always call for equality. For example, they want to have gender equality, social equality, political equality, and etc. In Joseph Stiglitz’s essay, Rent Seeking and the Making of an Unequal Society, he sought for income equality. Stiglitz realized one of the main forces that caused inequalities in wealth and income in America society was because of rent seeking and government was the source of the problem. However, some of his arguments were not convincing and lacked facts. For instance, on page 595, he mentioned that “America’s current level of inequality is unusual. Compared with other countries and compared with what it was in the past even in the United States, it’s unusually large, and it has been
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