Rent Seeking Organized Dentistry

Group Dentistry Now –

Before reading an article entitled, Drilling Down on Rent Seeking Dentists, I had no idea what “rent seeking” meant. Jeff Steir, a senior fellow at The National Center for Public Policy Research, a non-partisan, free-market, independent think-tank, crafted the article. What I discovered in this piece was an interesting definition for a political technique that has been used recently by ‘old guard dentists’ and organized dentistry. “Rent seeking” is defined in the Concise Encyclopedia of Economics as the act of people, companies, or organizations attempting to gain benefit through the political process. Simply put, “rent seeking” describes people’s lobbying of government to give them special privileges. A more suitable term may be “privilege seeking.”Before reading an article entitled, Drilling Down on Rent Seeking Dentists, I had no idea what “rent seeking” meant.  Jeff Steir, a senior fellow at The National Center for Public Policy Research, a non-partisan, free-market, independent think-tank, crafted the article. What I discovered in this piece was an interesting definition for a political technique that has been used recently by ‘old guard dentists’ and organized dentistry.  “Rent seeking” is defined in the Concise Encyclopedia of Economics as the act of people, companies, or organizations attempting to gain benefit through the political process.  Simply put, “rent seeking” describes people’s lobbying of government to give them special privileges.  A more suitable term may be “privilege seeking.”

See full article here.