{"id":179354,"date":"2018-03-10T19:12:00","date_gmt":"2018-03-11T00:12:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2018\/03\/10\/quote-of-the-day-41\/"},"modified":"2018-03-10T19:12:00","modified_gmt":"2018-03-11T00:12:00","slug":"quote-of-the-day-41","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2018\/03\/10\/quote-of-the-day-41\/","title":{"rendered":"Quote of the Day"},"content":{"rendered":"<blockquote><p><span style=\"color: blue;\">One of the reasons why Russia can credibly meet or beat the US in terms military-related technological superiority is that top mathematical and physics grads have been going into finance since the mid 1980s.<\/span><\/p>\n<blockquote><p>\u2014<span style=\"color: blue;\"><a href=\"https:\/\/www.nakedcapitalism.com\/2018\/03\/links-3-10-18.html\">Yves Smith<\/a><\/span><\/p><\/blockquote>\n<\/blockquote>\n<p>It&#8217;s interesting how, when people complain about crowding out from government deficits, it never seems to extend to how a parasitic financial industry is diverting intellectual capital to unproductive uses.<\/p>\n<p>In fact, if you read trade magazines like <i>Aviation Week<\/i>, it becomes clear that a major hurdle for high tech operations is the fact that there is no one is stepping up to replace the current (near retirement)&nbsp; cadre of technical employees.<\/p>\n<p>These folks know how to count, and so are going to finance where it is more remunerative.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the reasons why Russia can credibly meet or beat the US in terms military-related technological superiority is that top mathematical and physics grads have been going into finance since the mid 1980s. \u2014Yves Smith It&#8217;s interesting how, when people complain about crowding out from government deficits, it never seems to extend to how &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[368,450,364,456,379,382],"class_list":["post-179354","post","type-post","status-publish","format-standard","hentry","tag-corruption","tag-employment","tag-evil","tag-finance","tag-military","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/179354"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=179354"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/179354\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=179354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=179354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=179354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}