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The Pony Express and other tales of rent-seeking in America

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Our current economic recovery, or lack thereof, has generated a healthy amount of discontent. Individuals are understandably frustrated with unemployment persisting at levels not seen in decades, not to mention the ad nauseum political bickering from all sides. To deflect any blame for our economic woes, many politicians point to capitalism as the culprit. Not so. The real scourge of our...

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