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Tag: Royal Commission

  • A history of feudal and rent-seeking economics

    A history of feudal and rent-seeking economics

    If the Labour government follows through on reclaiming Manoel Island from MIDI after its failure to fulfil contractual obligations, it would mark the end of a deal that stands as a textbook example of Malta’s long history of rent-seeking by some of the country’s most powerful business families. The public land deal by which MIDI’s…