Why did Del Monte file for bankruptcy?
What impact will Trump's Vietnam trade deal have?
Why is Microsoft cutting thousands of jobs?
How does Trump's megabill affect Medicaid and taxes?
Why are Tesla's sales falling sharply?
What caused Bitcoin to surge above $110,000?
How will U.S. chip software curbs lifting affect China?
Massive Rent-Seeking in India’s Government Job Examination System
marginalrevolution.com/marginalrevolution/2025/07/massive-rent-seeking-in-indias-government-job-examination-system.htmlIn India, government jobs pay far more than equivalent jobs in the private sector–so much so that the entire labor market and educational system have become grossly distorted by rent seeking to obtain these jobs. Teachers in the public sector, for example, are paid at least five times…
This story appeared on marginalrevolution.com, 2025-07-02 11:12:06.