But the Productivity Commission, the Australian Taxation Office and our politicians can’t accept this truism.
So, who’s running the show? Rent-seekers or us?
Clearly, the 0.1 %, the rent-seekers!
This has been known for a long time. But who has the money to resist political change? Not the 99.9%!
Although the chart above is from 1985 only, there’s a full commentary on the index from 1972 below.