Monday, August 21, 2017

Today's Eclipse Isn't Causing A $700 Million Loss In Productivity, It Just Isn't

So, sure, maybe there will be some infinitesimal hit to the economy from the eclipse. But that's a fault of our measurement of the economy, for GDP and all the rest is only a proxy for utility maximisation--that utility people are maximising by watching it.

from Forbes Real Time http://www.forbes.com/sites/timworstall/2017/08/21/todays-eclipse-isnt-causing-a-700-million-loss-in-productivity-it-just-isnt/
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