{"id":31,"date":"2011-07-06T23:54:53","date_gmt":"2011-07-07T03:54:53","guid":{"rendered":"http:\/\/evanhempel.com\/blog\/?p=31"},"modified":"2011-07-12T21:16:34","modified_gmt":"2011-07-13T01:16:34","slug":"quote-of-the-day","status":"publish","type":"post","link":"http:\/\/evanhempel.com\/blog\/2011-07-06\/quote-of-the-day\/","title":{"rendered":"Quote of the day"},"content":{"rendered":"<blockquote><p>All  innovation goes through three stages. One possesses unique knowledge  and profits from it. Others imitate and share profits. Finally, the  knowledge is widely shared and no longer profitable on its own which  thereby inspires new knowledge.<\/p>\n<p style=\"padding-left: 30px;\">~ <a href=\"http:\/\/mises.org\/daily\/4848#ref16\">Stephan Kinsella<\/a>, a summary of <a href=\"http:\/\/www.econlib.org\/library\/Bastiat\/basHar10.html#10.35\">Bastiat&#8217;s Economic Harmonies ch.10 para. 35 &#8211; 41<\/a>.<\/p>\n<\/blockquote>\n<p><strong>Discussion topic:<\/strong> Do you agree?\u00a0 What are the implications for patents and copyright?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All innovation goes through three stages. One possesses unique knowledge and profits from it. Others imitate and share profits. Finally, the knowledge is widely shared and no longer profitable on its own which thereby inspires new knowledge. ~ Stephan Kinsella, a summary of Bastiat&#8217;s Economic Harmonies ch.10 para. 35 &#8211; 41. Discussion topic: Do you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-31","post","type-post","status-publish","format-standard","hentry","category-qotd"],"_links":{"self":[{"href":"http:\/\/evanhempel.com\/blog\/wp-json\/wp\/v2\/posts\/31","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/evanhempel.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/evanhempel.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/evanhempel.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/evanhempel.com\/blog\/wp-json\/wp\/v2\/comments?post=31"}],"version-history":[{"count":3,"href":"http:\/\/evanhempel.com\/blog\/wp-json\/wp\/v2\/posts\/31\/revisions"}],"predecessor-version":[{"id":48,"href":"http:\/\/evanhempel.com\/blog\/wp-json\/wp\/v2\/posts\/31\/revisions\/48"}],"wp:attachment":[{"href":"http:\/\/evanhempel.com\/blog\/wp-json\/wp\/v2\/media?parent=31"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/evanhempel.com\/blog\/wp-json\/wp\/v2\/categories?post=31"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/evanhempel.com\/blog\/wp-json\/wp\/v2\/tags?post=31"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}