Occasional Tweets: Keynes is dead ― no false-hero memorials (II)

 

#Economics#FailedScience#Economists#StupidOrCorruptOrBoth#Keynes messed up macroeconomics 80+ years ago but After-Keynesians have not realized anything to this day.

Clueless economists / Macrofoundationshttps://t.co/Lj85oSJUY6#DefundEconomics #FireEconomists #ScrapTheLot pic.twitter.com/T5ZnnVTEom

— E.K-H (@AXECorg) April 21, 2021

#NoFalseHeroMemorials#Keynes NEVER understood what #Profit is because he was too stupid for the elementary #Algebra of #Macrofoundations. This is scientifically disqualifying.

In the grand scheme of things, Lord Keynes was only a small-time crookhttps://t.co/qD8aPg7TXv pic.twitter.com/aRzk6lrBpP

— E.K-H (@AXECorg) April 21, 2021

#Keynes

J. Kromphardt overlooked Keynes' lethal blunder: “Income = value of output = consumption + investment. Saving = income − consumption. Therefore saving = investment.” (GT p. 63)

Keynes ― the poster boy for the weakness of the economist’s mindhttps://t.co/RgruUzd0gx

— E.K-H (@AXECorg) April 21, 2021

Immediately preceding Keynes and Keynesianism are scientifically worthless.

For more on Keynes see AXECquery.