Rents are above-normal revenues due to possession of scarce or exclusive assets.
Rent-seeking is any deliberate attempt to obtain rents (see also the About page).
Scarce land
Scarce oxygen
India, April 2021
David Ricardo wrote in 1817: If air … could be appropriated, and each quality existed only in moderate abundance, it, as well as the land, would afford a rent.
Political power
Rent-seeking by lobbying, clientelism, corruption
Market power
in the middle ages and modern times
Innovation rents
If innovation diffuses rents will be temporary
Dynamic rents
Rents may trigger investments and reduce consumption
Rents 