This paper examines the problem of sustaining economic growth in light of the dangers that rent seeking poses for growth. Three types of growth are identified, and each is linked to an economic system. While any of the three may persist for a time, only one can be permanently sustained....

Disagreement among researchers regarding types of optimal choice experiments is often best seen as resulting from differences in the set of assumptions researchers are willing to make about the underlying data generating process. Much of the current debate may have confused, rather than...