I apologize for the absence of material on Badlands in recent weeks. I’ve been moving.
I recently asked a learned member of my new community in the desert what “economic rent” was. She had spent her entire career in “Finance,” she said (and you should hear the word as she pronounces it, with a Capital F and italics). She flipped off the following reply to this elementary question: “Payment for the use of something you don’t own.”