Global Conflict as a Struggle for Rent-Bearing Assets
A Neo-Gaffneyan Analysis of 21st Century Wars Erupting Across the World Date: February 2026 Based on: The Rent-Bearing Assets of Nations (Mason Gaffney, 1988) The Daily Renter “Rent-Seeking and Global Conflict” by Mason Gaffney [Summary for University of California seminar on Global Conflict and Cooperation in Laguna Beach. February 1988… Read more 6 months ago · 4 likes · 2 comments · The Daily Renter Summary In February 1988, Professor Mason Gaffney warned a University of California seminar that economists were dangerously distracted. While they built arcane models of “rent-seeking” based on regulatory gaming, they were ignoring the “grosser sense” of the term: the violent seizure and policing of land. Nearly forty years later, the “grand disaster” Gaffney feared has arrived. From the steppes of Ukraine to the melting ice of Greenland, the primary driver of global conflict remains what it was for William of Normandy: the acquisition of rent-bearing assets. Th...