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The term "rent-seeking" entered the economic lexicon in the mid-1970s, meaning the employment of political pull to obtain a monopoly or some other unearned economic benefit.
Let's start with the basics about California's highway network, which a few decades ago was considered to be among the world's best.
When Jerry Brown departed from his first governorship in 1983, he left behind what later became known as a "structural deficit" in the state budget.
SAN FRANCISCO - Sylvia Browne once said she was just 3 when she discovered she could look into the future and know what was coming.