this post was submitted on 08 Aug 2023
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chapotraphouse

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this is @ anyone who uses raw GDP as a measure of wartime industrial capacity

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[–] emizeko@hexbear.net 15 points 2 years ago* (last edited 2 years ago)

Two economists are walking in the park. The first economist sees a pile of dog shit and says to the other, "I'll pay you $50 to eat that dog shit." So he does and gets paid $50. Later on, the second economist sees a pile of dog shit and says to the first, "I'll pay you $50 to eat that pile of dog shit." So he does and gets paid $50.

The first economist says, "I can't help but feel we just ate dog shit for nothing." "Nonsense," says the second economist, "We just contributed $100 to the economy."