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> There's an old joke that has two economists coming across a $20 bill on the sidewalk, which goes: > The young economist looks down and sees a $20 bill on the
by staz 6y ago
> There's an old joke that has two economists coming across a $20 bill on the sidewalk, which goes:
> The young economist looks down and sees a $20 bill on the street and says, "Hey, look a twenty-dollar bill!"
> Without even looking, his older and wiser colleague replies, "Nonsense. If there had been a twenty-dollar lying on the street, someone would have already picked it up by now."
- prawn 6y agoI swear I've seen this pasted in 10+ times over the years on HN and this is probably the most directly relevant of them all.
- mensetmanusman 6y agoI wish pennies would listen to the market and just disappear in a poof of logic
- LoSboccacc 6y agobut these are more along the lines of "there's nothing more expensive than a cheap bmw"
- Aeolun 6y agoI think that: > If it looks to good to be true, it probably is. Is more appropriate here. Finding a $20 on the street falls within the realm of reason, and is not likely a scam. Finding a suitcase full of cash however, and picking it up probably has strings attached.
- staz 6y agoI you stop at the attention grabbing headline, sure it's too good to be true. It's probably clear to everyone that the cost in the end is going to be bigger. If you watch Raed667's video, the municipalities involved are quite upfront about it and not really trying to scam anyone. But basically you can see that as a subside or a promotion. The fact that there is going to be other costs associated doesn't means the market ruled it as a bad deal as bobwernstein claimed
- aliswe 6y agoI saw a poster in the police station (where we get our passports), saying: would you buy 500SEK for 100SEK? ... Etc