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Btw, since this is a common misconception: the cost for repairing / replacing corroded metal actually increases GDP. It's not clear from the article what they m

by t_mann 4y ago

Btw, since this is a common misconception: the cost for repairing / replacing corroded metal actually increases GDP. It's not clear from the article what they mean by 'costs' (they could also mean how many other goods weren't produced because of corrosion damage, which would be lost GDP), but that's something to be aware of.

rsync 4y ago
... came here to say this. I have spent so much more money on stainless and galvanized parts and taken many expensive precautions, followed expensive building practices, etc. due to rust. This was increased economic activity. Not saying it was morally positive but it certainly increased GDP ...
- nickff 4y ago
  You’re falling victim to the so-called ‘broken windows fallacy’ here. https://www.investopedia.com/ask/answers/08/broken-window-fallacy.asp https://www.investopedia.com/ask/answers/08/broken-window-fa...