#Economics#FailedScience#FakeScience#Economics is NOT #Science, #Economists are NOT #Scientists but #Clowns / #AgendaPushers / #UsefulIdiots in the political #CircusMaximus.
— E.K-H (@AXECorg) April 27, 2022
Economics as storytelling and entertainment for the masseshttps://t.co/SbHCzAqYov
This blog connects to the AXEC Project which applies a superior method of economic analysis. The following comments have been posted on selected blogs as catalysts for the ongoing Paradigm Shift. The comments are brought together here for information. The full debates are directly accessible via the Blog-References. Scrap the lot and start again―that is what a Paradigm Shift is all about. Time to make economics a science.
April 27, 2022
Occasional Tweets: Economics is not part of science but part of the disinfotainment industry
Occasional Tweets: Economics is scientifically worthless ― economists are politically useful idiots
The history of economic thought is the history of scientific failure. #Walrasianism, #Keynesianism, #Marxianism, #Austrianism, #MMT are axiomatically false and materially/formally inconsistent. #Economics is scientifically worthless. #Economists are politically #UsefulIdiots. pic.twitter.com/KakOZ1BIVZ
— E.K-H (@AXECorg) April 27, 2022
For details of the big picture see cross-references Political Economics/Stupidity/Corruption.
April 26, 2022
Occasional Tweets: The futile attempt to promote failed science
#Economics#FailedScience
— E.K-H (@AXECorg) April 26, 2022
The history of economic thought is the history of scientific failure. #Walrasianism, #Keynesianism, #Marxianism, #Austrianism, #MMT are axiomatically false. #Economics is NOT #Science, #Economists are NOT #Scientists. ⇒https://t.co/kCwE4nptUQ pic.twitter.com/vQ8sysKPw4
For more about the EconNobel see AXECquery.
April 24, 2022
Occasionale Tweets: A tale told by an idiot ― the history of economics thought
The history of economic thought is the history of scientific failure. #Walrasianism, #Keynesianism, #Marxianism, #Austrianism, #MMT are axiomatically false and materially/formally inconsistent. ALL got the concept of #Profit wrong. #Economics is scientifically worthless. pic.twitter.com/yE7si2JxRd
— E.K-H (@AXECorg) April 24, 2022
April 23, 2022
Occasional Tweets: Economists and algebra ― a running gag for 200+ years
Bc #Keynes was too stupid for the elementary #Algebra of #MacroFoundations, he got the concept of #Profit wrong. Bc of this, the whole analytical superstructure of #Macro is scientifically worthless. #Economists don't get it to this day. This proves their scientific #Incompetence pic.twitter.com/uy7im0vNuD
— E.K-H (@AXECorg) April 23, 2022
April 22, 2022
Occasional Tweets: Economics is scientifically worthless, so are its prizes
The history of economic thought is the history of scientific failure. #Walrasianism, #Keynesianism, #Marxianism, #Austrianism, #MMT are axiomatically false. #Economics is NOT #Science, #Economists are NOT #Scientists. ⇒https://t.co/kCwE4nptUQ pic.twitter.com/VeTbIe86Tu
— E.K-H (@AXECorg) April 22, 2022
Occasional Tweets: Economists are not scientists but useful idiots
#Economics is #FailedScience/#FakeScience. The #EconNobel is a fraud. #Economists are NOT #Scientists but #Clowns and #UsefulIdiots in the political #CircusMaximus. Two Nobelists in BILD ― that says it all.
— E.K-H (@AXECorg) April 22, 2022
The real problem with the economics Nobelhttps://t.co/kCwE4nptUQ pic.twitter.com/6BO6SE8V1z
April 21, 2022
Occasional Tweets: The futile attempt to reycle failed economists
#Economics#FailedScience#FakeScience#Economists#StupidOrCorruptOrBoth
— E.K-H (@AXECorg) April 21, 2022
Tobin, the tragedy of After-Keynesians, and the indelible mark of incompetencehttps://t.co/4pY8fPkBkI
April 19, 2022
Occasional Tweets: The futile attempt to recycle the Phillips Curve (I)
#Economics#FailedScience#FakeScience#Economists#StupidOrCorruptOrBoth
— E.K-H (@AXECorg) April 19, 2022
The history of economic thought is the history of scientific failure.
Links on the Phillips Curvehttps://t.co/0yuibAGZDZ
For more about the Phillips Curve see AXECquery.
Occasional Tweets: Economics is not science, economists are just politically useful idiots
Bc #Economics is #FailedScience/#FakeScience, economic policy guidance NEVER has had sound scientific foundations. Worse, bc of the separation of #Politcs/#Science, #Economists have NO political mandate, to begin with. They are just #UsefulIdiots in the political #CircusMaximus. pic.twitter.com/m3cpiqTaRN
— E.K-H (@AXECorg) April 19, 2022
April 15, 2022
Occasional Tweets: It is not bad manners to call economists clowns and useful idiots
It's NOT a question of manners, it's about scientific content. #Economics is #FailedScience / #FakeScience. Because of this, economic policy guidance NEVER has had sound scientific foundations. Calling #Economists #Clowns / #UsefulIdiots is NOT an insult but a statement of fact. pic.twitter.com/bcAcXWSWpl
— E.K-H (@AXECorg) April 15, 2022
April 11, 2022
Occasional Tweets: The futile attempt to recycle General Equilibrium
#FailedScience#GeneralEquilibrium
— E.K-H (@AXECorg) April 11, 2022
The history of economic thought is the history of scientific failure: “The only way possible is a thorough reexamination of the theory’s basic hypotheses, i.e., a true paradigmatic revolution.” (Ingrao et al., 1990) ⇒https://t.co/TFmOmC1auZ
For more about equilibrium see AXECquery.
For more about paradigm see AXECquery.
April 9, 2022
Occasional Tweets: The futile attempt to recycle the long refuted profit/distribution theory
#Economics#FailedScience#FakeScience
— E.K-H (@AXECorg) April 9, 2022
The word #Profit does not appear once in your schedule but #Equilibrium does. This tells one that your stuff is proto-scientific garbage. For details see
Cross-references Profit/Distributionhttps://t.co/2jMouDhWzk pic.twitter.com/StBksyapti
April 7, 2022
Occasional Tweets: The futile attempt to recycle Heterodoxy (I)
#Economics#FailedScience#FakeScience#Economists#StupidOrCorruptOrBoth
— E.K-H (@AXECorg) April 7, 2022
Heterodoxy ― an axiomatic failure just like Orthodoxyhttps://t.co/oDXO24XCUG
Throw them out! Orthodox and heterodox economists are unfit for sciencehttps://t.co/pgKYrIuD7Z
For details of the big picture see cross-references Heterodoxy and cross-references Constructive Heterodoxy.
April 6, 2022
Occasional Tweets: Economists ― incompetent scientists, politically usefull idiots, warmongers
#Economics#FailedScience#FakeScience#Walrasianism, #Keynesiansm, #Marxianism, #Austrianism, #MMT are mutually contradictory, axiomatically false, materially/formally inconsistent. #Economics is scientifically worthless. Most #Economists are just politically #UsefulIdiots. pic.twitter.com/Kx44rnkWOK
— E.K-H (@AXECorg) April 6, 2022
For more about political economics see AXECquery.
April 4, 2022
Occasional Tweets: The futile attempt to recycle MMT (III)
#MMT
— E.K-H (@AXECorg) April 4, 2022
The page where Stephanie Kelton gets macroeconomics wrong https://t.co/CNFDkXM1Ki
The Kelton Fraudhttps://t.co/BN9izLduPa
MMT is refuted on all counts, cross-referenceshttps://t.co/9Rldtrw2J1
S.Kelton is academic fraud. MMT is a political fraud. pic.twitter.com/H0uaonhgpg
Occasional Tweets: The futile attempt to fuse provably false microeconomics and macroeconomics
Both #MicroEconomics and #MacroEconomics are axiomatically false. #Economists are too stupid for #Science. #Economics needs a #ParadigmShift from false Walrasian #MicroFoundations and false Keynesian #MacroFoundations to #TrueMacrofoundations. ⇒https://t.co/Lj85oSJUY6 pic.twitter.com/H26C07M2pp
— E.K-H (@AXECorg) April 4, 2022
April 2, 2022
Occasional Tweets: Economics has nothing to say about values
• Economics understood as #Science has NO political mandate
— E.K-H (@AXECorg) April 2, 2022
• #Economics is #FailedScience because #Economists are too stupid for the #Algebra of #MacroFoundations/#Profit
• Actually, economists are NOT #Scientists but #Clowns/#UsefulIdiots in the political #CircusMaximus. pic.twitter.com/zdcDQiGkwW
For details of the big picture see cross-references Political Economics/Stupidity/Corruption.
April 1, 2022
Occasional Tweets: Scary public debt ― another dose of tranquilizer for the kids
The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. So, #PrivateFinancialWealth grows in lockstep with #PublicDebt which is the permanent interest #CashCow for the #Oligarchy. So, #WeThePeople owes the #Debt, #Oligarchy owns the #FinancialAssets. pic.twitter.com/p0dqbtM6gR
— E.K-H (@AXECorg) April 1, 2022
Related 'There is an absolute limit to the growth of public debt' and 'From the debt economy to the gift economy: how America is brainwashed to love budget deficits'.
For details of the big picture see cross-references Deficit/Debt.