Some of the nation's best minds are occupied with devising schemes to avoid taxes and to transfer income to favored groups at the expense of market efficiency.This is called _____

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Rent seeking refers to the behavior of individuals or companies who manipulate the economic environment to enhance their wealth without contributing value to society. Rent-seeking activities are often aimed at increasing an individual or group's share of existing wealth, rather than creating new wealth. One example of rent-seeking is using political connections or lobbying to secure government subsidies or contracts, which can harm market efficiency.

Some of the Nation's Best Minds Are Occupied with Devising