Skip to main content

What is Economic Rent, in Everyday Terms?

Economic rent is also known as an Unearned Income.

That is, an income received, which did not require you to do any work or invest any savings, to get it.

Obviously it is this thing that most people want more than anything else economically.  There is nothing illegal about it. And theres no real truth in the activity being an immoral one. The only thing you can be sure of about the institution of economic rent is that great recession is inevitable, even in a prosperous economy where productivity is growing.

Economic rent is an unearned income. Imagine everyone is trying to partake in that? Eventually the economy will have more being taken out of it than is being put in. Of course it will collapse in the end. Saying this is not doom mongering politics. It is just true via the laws of physics. You cannot escape it. It's curious because the most vocal talking about following the science or having truth, object to the idea of rent most strongly.

This document is a work in progress. Largely because it will need to be frequently adapted to satisfy the hoards of rent seekers trying furiously to escape from the reality of it. 

Economic rent is a term used to describe part of the total distribution of wealth. There is plenty to read about it intellectually on the AdNet. Given its written about intellectually, not only will it be hard to understand, it will largely be misinformation. 

Given this information resides on the AdNet, its meaning will be driven by the need to make it look irrelevant by those paying for the Ads. Most intellects therefore say that its irrelevant today, in spite of being the biggest income stream of all by a very long way. Most intellect today relies on the AdNet for knowledge rather than what the intellect can see in front of its own face.

Economic rent is like the rent you're already familiar with - an income stream for the use of real estate. Or more precisely the use of the location under the building.

There are other forms of rent we can talk about later. The biggest of all by a wide margin, is that from real estate. And other lesser rents are derived from this mother anyway, simply reducing location values to that extent. Economic rent from location value is about 80% of all rents. And this does not vary much between nations, no matter how a nation is governed politically.

So what is economic rent, for cryin' out loud? Simply, it is:

any income received which required no inputs of labour or capital

or

any profit made without work or the use of savings

That is, there were no costs of production required to get it. Objectors can argue the toss about this if they like by setting up marginal case straw men. But theres no escaping it. Economic rent by definition is any free income.  

The great challenge here is why does nobody understand this yet? Or more accurately why has this never really been understood widely, by even the greatest minds. Well it has. The greatest minds are usually employed and paid very well by the most dominant rent seekers!

Also in the activist space, that inauthentic world full of people trying to save the planet without actually needing to take any risks, matters go much deeper. The activist, to be seen to be saving the planet, will be trying to hide this forbidden knowledge even more fiercely than those who profit from it. Because once revealed, their own particular ego tripping cause crumbles immediately like a Tower of Babel. So the activist too is forbidden from discussing it. 

In general, due to the insatiable demand to get rent, the world in the economic sense is like a wasteland of inauthentic souls.

Further topics to add:

Here are some other features and topics on economic rent to write about. We can discuss the rationale behind these claims later. Just ask and I will show. The general theme in every objection is denial rather than an honest search for knowledge

  • Rent is tax free in the end
  • The profits of monopoly are an economic rent
  • Rent is what everyone wants more than any other thing. Because its free
  • Latent policy of both the left and the right is in harmony on economic rent
  • Real Estate and homeownership is the mother of all rent seekers
  • Smart people are forbidden from discussion the nature of economic rent
  • Rent seeking is all perfectly legal
  • The more thrifty and pure the state is, the higher the price of rent will be
  • The more innovative the tech, the higher the price of rent will grow
  • Rental streams are always bailed out first during hard times - front running in global finance is a form of rent seeking
  • As a reminder its any income free from hard work and invested savings
  • The fallacy that rent no longer exists, "its a 19th century idea, that is all"
  • Slaves are capital too, when land rents have been privatised. Abolition means nothing

Popular Posts

PETITION: Government to indicate countries of the UK are open to accede to the US

Sign the Petition A Dialogue on the UK's Accession to the United States Executive Summary This initiative seeks to foster a formal dialogue regarding the potential accession of the countries of the United Kingdom , to the United States , as individual states.  Simply put, this petition is asking the government to start a conversation about the benefits of leaving the UK and joining the United States. The objective is to evaluate the benefits to citizens and stakeholders, encouraging a constructive discourse on the political, economic, and social implications of such a union. If Wales , Northern Ireland , Scotland , or  England were to leave the United Kingdom, it would end their system of constitutional monarchy and parliamentary democracy . Instead, if they joined the United States as separate states, they would govern themselves under the U.S. federal system while receiving its protection. This proposal recognises that immediate change is unlikely but urges a serious con...
Read more

Who Said There Was Anything Wrong With a Worldview?

Who Said There Was Anything Wrong With a Worldview? I didn't. But it's when I believe my worldview, is truth, that I become violent without realising it. This is extremely hard for people to accept as possible. The resistance to seeing it and the temptation to escape from looking, is built into its foundations. So, I never said worldviews are bad for us. I did say that when I believe my worldview is a fact, then "I" become root cause of the worlds problems. Thought creates an image of the world. Then thought worships the image that thought created. I am scared of death. So I create an existential worldview about immortality - an image. This can be a God, a political ideology, scientific religiosity, atheism, planet saving activism, anything which my fear of death can hide behind. So if I do 'good' through this image I created, I will ultimately get a 'seat on the right hand side of God' , or whatever the image I created has defined as heaven. Then I w...
Read more

Facing Draco, Mining Dorado

This is a proposal to show how the 18.6 year real estate cycle is a hang over from times where the mechanics of the lunar month were used by high priests of the time to forecast ancient agricultural cycles - what we would today call a business cycle culminating in a financial crisis or a great recession. The 18.6 year period is governed by the intersection of lunar and solar eclipses. It is known scientifically as the Saros Cycle. Where all 3 harmonics of the orbit of the moon coincide once every 18.6 years. The ancient scholars knew this. And the politicians of the time used it to signal the day when the economy would be deliberately reset by fiat. This reset was necessary because this period was about how long the people of nations could abuse the economy before it was too late to recover on its own and much worse effects would have emerged. So it was the wisdom of the leadership of the time. As the aeons went by, the meaning and rationale of this policy became normalised - people an...
Read more