ELON MUSK’S FAVORITE ECONOMIST JOKE EXPLAINS GDP
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ELON MUSK’S FAVORITE ECONOMIST JOKE EXPLAINS GDP
During a discussion about productivity and economics, Elon Musk shared what he calls his favorite economist joke. The joke highlights a common criticism of how economic activity is measured. Simply increasing transactions or spending can make GDP appear larger, even if no new value has actually been created. It's a humorous way of pointing out ...
9.6K views4 days ago
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