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Many things increase GDP without being good. For instance Oil spills increase GDP as suddenly a bunch more (cleanup) work is being done and paid for.
by gridspy 4y ago
Many things increase GDP without being good. For instance Oil spills increase GDP as suddenly a bunch more (cleanup) work is being done and paid for.
- mcguire 4y agoThere's an old joke about an "economic hero" being a wealthy man going through an ugly divorce while dying of cancer.
- hackeraccount 4y agosee https://en.wikipedia.org/wiki/Parable_of_the_broken_window https://en.wikipedia.org/wiki/Parable_of_the_broken_window