Re:Health insurers just published close to a trillion hospit...
by chii on Wednesday September 07, 2022 @07:31AM
(#32749220)
They did produce $200 worth of value - i'm sure if the first economist didn't enjoy watching the 2nd eat some shit, he wouldn't have paid.
You used a wrong allegory to try to demonstrate a point that noone was making.
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.
Walking a little more, 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!"