Two economists are walking in a forest when they come across a pile of shit.
The first economist says to the other “I’ll pay you $100 to eat that pile of shit.”
The second economist takes the $100 and eats the pile of shit.
They continue walking until they come across a second pile of shit.
The second economist turns to the first and says “I’ll pay you $100 to eat that pile of shit.”
The first economist takes the $100 and eats a pile of shit.
The first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. I can't help but feel like we both just ate shit for nothing."
"That's not true", responded the second economist. "We increased the GDP by $200!"
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.