{"id":200367,"date":"2021-04-29T19:07:00","date_gmt":"2021-04-30T00:07:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2021\/04\/29\/i-see-the-problem\/"},"modified":"2021-04-29T19:07:00","modified_gmt":"2021-04-30T00:07:00","slug":"i-see-the-problem","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2021\/04\/29\/i-see-the-problem\/","title":{"rendered":"I See the Problem"},"content":{"rendered":"<p>&nbsp;Look at <a href=\"https:\/\/www.calculatedriskblog.com\/2021\/04\/a-few-comments-on-q1-gdp.html\">this graph<\/a>:<\/p>\n<p><a href=\"https:\/\/i.imgur.com\/bJseiq6.png\"><img decoding=\"async\" src=\"https:\/\/i.imgur.com\/bJseiq6.png\" width=\"500\" \/><\/a><\/p>\n<p>It might not look like much, but it shows how our economy has been taken over&nbsp; by rent seekers.<\/p>\n<p>IP, which only makes money to the degree that it is subsidized through government action, has increased by a factor of 5.<\/p>\n<p>Even considering the rise in software as a product, it&#8217;s clear that an increasing portion of our economy has been diverted to unproductive rent seeking.<\/p>\n<p>It&#8217;s a drag on our economy, and contributes to inequality.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;Look at this graph: It might not look like much, but it shows how our economy has been taken over&nbsp; by rent seekers. IP, which only makes money to the degree that it is subsidized through government action, has increased by a factor of 5. Even considering the rise in software as a product, it&#8217;s &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,973,1109,992],"tags":[],"class_list":["post-200367","post","type-post","status-publish","format-standard","hentry","category-corruption","category-economy","category-ip","category-statistics"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/200367"}],"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=200367"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/200367\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=200367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=200367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=200367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}