Zombie_John_Strachan t1_itzkmj2 wrote

Two economists are walking down the street when they pass a pile of dog shit.

“I bet you $500 you won’t eat that” says the first to the second. “You’re on!” replies the second economist, who gamely bites into a log and happily collects the cash.

A few minutes later they pass another dog pile, so the second economist says to the first, “Now it’s your turn - $500 to eat that dog shit”. The first does, and collects his cash.

After a few more minutes of walking, the first economist says “hold on, we both ate dog shit and ended up with the same amount of cash.”

“Yeah” replied the second, “but we just increased GDP by $1,000”.