Occasinal Tweets: Economists are too stupid for science but get the Nobel nonetheless

 

#Economics is not a #Science because #Economists are too stupid for the elementary #Algebra that underlies #MacroEconomics. Yet, the Swedish #RiksBank awards each year a prize in “economic sciences”.

Macroeconomics: Economists are too stupid for sciencehttps://t.co/vTNWwrNUxA pic.twitter.com/G3owPg2kLq

— E.K-H (@AXECorg) October 13, 2021

The #Nobel folks know that #TheoreticalEconomics (#Walrasianism, #Keynesianism, #Marxianism, #Austrianism, #MMT) is #FailedScience. So, they award the prize to “empirical studies restricted to narrow topics” to obscure the fact that the #EconNobel has been a fraud for 50+ years. pic.twitter.com/EOWtgDPBX5

— E.K-H (@AXECorg) October 14, 2021

#Economics#FailedScience#FakeSciene

“NO amount of microeconomic research ever leads to the understanding of how the (world-) economy works.”

Economics, methodology, and the Molehill Impossibilityhttps://t.co/3JVyUXUjfS#ScrapTheEconNobel

— E.K-H (@AXECorg) October 14, 2021

For more about the EconNobel see AXECquery.

For more about microfoundations see AXECquery.