Occasional Tweets: Economic laws (I)

 

#DearIdiots#LearnEconomics

Of course, there are NO behavioral laws! But there are systemic laws, e.g. the macroeconomic #ProfitLaw Q≡(G−T)+(I−S)+Yd.

The existence of economic laws and the nonexistence of behavioral lawshttps://t.co/vaoVwyt5FP

— E.K-H (@AXECorg) June 29, 2021

Behavior

• The behavioral approach has always been proto-scientific garbage
• All behavior-based economic textbooks are false
• Behavioral economics ― forever stuck at the proto-scientific level
• Joan Robinson and the early death of Behavioral Economics
• The existence of economic laws and the nonexistence of behavioral laws
• Economics is NOT a science of behavior (IV)
• Economics is NOT a science of behavior (III)
• Economics is NOT a science of behavior (II)
• Economics is NOT a science of behavior (I)
• From behavior to structure
• PsySoc — the scourge of economics
• Cross-references Not a Science of Behavior

For more about economic laws see AXECquery.

For more about Paradigm see AXECquery.