Search Scott Sumner's article Money/Macro: Who is the GOAT? for #Profit and you will find NOTHING. The methodological smell test says that if a theory/model is mute about the foundational economic concept it is scientifically worthless. The #GOAT project is just #DisInfoTainment. pic.twitter.com/hPLul3nyCa
— E.K-H (@AXECorg) January 5, 2024
For details of the big picture see cross-references Profit/Distribution.