128 sats \ 1 reply \ @tomlaies 16 Feb \ parent \ on: GDP is a Poor Measure of Economic Health econ
I know it's supposed to be funny haha we all have a good laugh
But the Big Mac Index is just populism. A basket of n=1 products from a company that is famous to shrink quality to increase margins to their loyal customers of low-lifes... is a bad metric
All models are wrong. Some models are useful.
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