August 15, 2026

Occasional X: The history of economic thought is the history of scientific failure (XLVI)

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  “This SEP entry on Capitalism is garbage. I would recommend a full, clean reboot.” (Otto Letho) The History of Economic Thought is the hi...

Occasional X: Clueless economists / Science (CCCLXXVI)

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“The answer to the water-diamond paradox falsified Marx’s assumption that value is derived from labor. Adam Smith in 1776 couldn’t answer wh...
August 14, 2026

Occasional X: The futile attempt to recycle Marx (LX)

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“People are blowing this out of proportion because some economists got upset bc Marx, who is legitimately one of the greatest thinkers on ca...

Occasional X: Clueless economists / Science (CCCLXXV)

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“A lot of negative comments by fellow economists on this interesting and engaging discussion of the topic of capitalism, …” (Matias Vernengo...
August 13, 2026

Occasional X: Clueless economists / Science (CCCLXXIV)

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“According to this account, the two necessary conditions for capitalism are the free market and private property. Arguably, Milton Friedman...

Occasional X: The history of economic thought is the history of scientific failure (XLV)

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The History of Economic Thought is the history of scientific failure. Economics has been failed/fake science since the founding fathers. It ...

Occasional X: Clueless economists / Breakdown (XXVIII)

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“Interest on the national debt will surpass $1.3 trillion this fiscal year; if Congress doesn't get its act together and cut spending, t...