Occasional Tweets: From Adam Smith onward to this very day, economists get macroeconomic profit wrong

 

#Economics#FailedScience#FakeScience#ProfitTheory#ProfitLaw

The Levy/Kalecki Profit Equation is falsehttps://t.co/cTbCmCsiI7

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

— E.K-H (@AXECorg) June 28, 2022

For details of the big picture see cross-references Profit/Distribution.