Occasional Xs: Scrap the EconNobel (XXVII)

 

#Economics#FailedFakeScience

'The "Nobel prize" in economic sciences this year goes to Acemoglu/Johnson/Robinson "for studies of how institutions are formed and affect prosperity".'

Economics claims to be science but is NOT. The major approaches (#Walrasianism, #Keynesianism,… pic.twitter.com/QersQlQpyu

— E.K-H (@AXECorg) October 14, 2024

Also at El-Erian.

For more about Institutions see AXECquery.