#MMTers are too stupid for the elementary #Algebra of #MacroEconomics. Because the #MacroFoundations are false the whole analytical superstructure is false. By consequence, #MMT policy guidance has NO sound scientific foundations.⇒https://t.co/GrZ6Bceikyhttps://t.co/03Y1UsH8uC pic.twitter.com/NfvCN0BsnY
— E.K-H (@AXECorg) April 3, 20
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For the details see thread.
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Refutation of MMT
The foundational MMT sectoral balances equation is provably false. Because of this, the whole approach is scientifically worthless. Therefore, MMT policy is just brain-dead political agenda-pushing.
So, that is ALL one needs to know about MMT: (i) MMTheory is inconsistent, i.e. proto-scientific garbage (ii) MMTpolicy has NO sound scientific foundations (iii) MMT is a political fraud, i.e. because of #PublicDeficitIsPrivateProfit it benefits the Oligarchy (iv) MMTers are stupid or corrupt or both.
- Wikipedia, economics, scientific knowledge, or political agenda pushing?
- Proving Bill Mitchell wrong ― burying MMT for good
- The page where Stephanie Kelton gets macroeconomics wrong
- Refuting MMT’s Macroeconomics Textbook
- MMT refuted in three easy steps
- MMT-Refutation for Dummies
- Rectification of MMT macro accounting
- The state of MMT? Stone-dead!
- MMTers: too stupid for simple math
- Refutation of MMT: All proofs and arguments you ever need
- The unassailable formal refutation of MMT
- Additional proof of MMT’s inconsistency
- MMT has been conclusively refuted and MMTers can do NOTHING about it
- Modern Moronomic Theory
- For the full-spectrum refutation of MMT see coss-references MMT