Occasional Tweets: How economists serve the rich (IV)

 

#HowEconomistsServeTheRich

The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. If tax T goes to #Minimum and spending G goes to #Maximum, #Profit Q goes to Maximum.

Deficit cheerleaders ― the Oligarchy’s useful idiotshttps://t.co/XX5wLu3cSJ

— E.K-H (@AXECorg) September 19, 2021

#MMT

Stephanie Kelton's Deficit Myth is scientifically refuted and proven to be political agenda-pushing for the #Oligarchy.

The page where Stephanie Kelton gets macroeconomics wrong https://t.co/CNFDkXM1Ki

— E.K-H (@AXECorg) September 19, 2021

Related Keynes, Lerner, MMT, Trump, Biden, and exploding profit

For the full-spectrum refutation of MMT/Stephanie Kelton see cross-references MMT.