Occasional Xs: Clueless economists / Profit (VII)

 

#Econ#FailedFakeScience

The history of economic thought is the history of scientific failure. Both #Marx & #Kalecki got #Profit/#DistributedProfit wrong. When the foundational concepts are false the whole analytical superstructure is false. Cross-ref ⇒https://t.co/IFclXX52ux

— E.K-H (@AXECorg) October 1, 2023

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