Occasional Tweets: Income is a flow and profit is a balance ― economists don't get it to this day

 

#Economics#FailedScience#FakeScience#Profit is NOT #Income → income is a #Flow and profit is a #Balance. #Economists are too stupid for the simple #Algebra of #MacroAccounting.

The GDP-death-blow for the economics professionhttps://t.co/QJycQUh0Uj pic.twitter.com/WDanjdlAd8

— E.K-H (@AXECorg) July 2, 2022

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