Occasional Tweets: There is also a Nobel for proto-scientific garbage

 

“Ohlin has also described the relation between saving and investment as a case of equality ex-definitions. Thus this identity relationship is a truism and lacks an adjusting mechanism.” (S. Chand)

Ohlin was wrong. The correct relationship reads Q≡I−S.⇒https://t.co/GOhsnvQFuP

— E.K-H (@AXECorg) October 14, 2021

For details of the big picture see cross-references Refutation of I=S.

For more about the EconNobel, see AXECquery.