• NaevaTheRat [she/her]
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    53 months ago

    something something glaziers fallacy.

    Obviously this is a joke, but if it even sounded remotely plausible to anyone reading fix yourself.

      • NaevaTheRat [she/her]
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        13 months ago

        yeah I figured you were, but it seemed like some people were actually engaging with it. As if make-work somehow made the line go up.

        There’s a fun joke:

        2 economists are out walking. 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.”

        Of course actual economists aren’t this terrible, but the popular perception of economics/monetary theory is about this braindead.