Examlex
Who made this statement: "Now the immediate fact which psychology, the science of mind, has to study is also the most general fact. It is the fact that in each of us, when awake (and often when asleep) , some kind of consciousness is always going on."
Rent Seeking
An economic concept referring to the practice of individuals or firms using their resources to gain government favors or advantages without creating new wealth, often through lobbying or other non-productive means.
Wealth Transfer
Refers to the movement of assets or capital from one individual, group, or entity to another, often as a result of inheritance, gifts, or strategic financial planning.
Society's Expense
The costs or negative outcomes borne by the general public or society at large, often as a result of business activities or policies.
Government Guarantees
Government guarantees refer to promises made by the government to back certain obligations of entities, reducing risk for investors and encouraging investment in specific areas.
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