Showing posts with label Monetarism. Show all posts
Showing posts with label Monetarism. Show all posts
August 4, 2025

Occasional Xs: Clueless economists / Money (XL)

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#Economics #AllYouNeedToKnow The axiomatically correct macroeconomic Law of Supply and Demand tells one how ― in the elementary case ― the a...
July 23, 2025

Occasional Xs: The futile attempt to recycle Milton Friedman (XL)

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#Economics #AllYouNeedToKnow “Milton Friedman destroys the myth that inflation is caused by unions, consumers, or foreign countries. Inflati...
March 4, 2025

Occasional Xs: Clueless economists / Inflation (XLIV)

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  #Economics #AllYouNeedToKnow The axiomatically correct macroeconomic Law of Supply and Demand ⇓ tells one how ― in the elementary case ― ...
September 21, 2024

Occasional Xs: Clueless economists / Inflation (XXXIII)

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  #LearnRealEconomics The axiomatically correct macroeconomic #LawOfSupplyAndDemand ⇓ tells one how ― in the elementary case ― the avg #Pr...
May 19, 2023

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

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  #FailedFakeScience What determines the level of #AggregateProfit ? #Keynes got macroeconomic #Profit wrong because he was too stupid fo...
January 10, 2022

Occasional Tweet: In essence, economics is the endless recycling of proto-scientific garbage

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  #Economics #FailedScience #FakeScience Like #Walrasianism , #Keynesianism has been buried long ago at the Flat-Earth-Cemetery. #Keynes ...
January 29, 2019

Here is the long-overdue scientific death certificate for Marx and Marxists

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Comment on Michael Roberts on ‘Modern monetary theory ― part 1: Chartalism and Marx’ Blog-Reference  and Blog-Reference Michael Roberts ...
September 24, 2018

Economics as tireless production of proto-scientific garbage: inflation theory as an example

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Comment on Brian Romanchuk on ‘Primer: Understanding The Post-Keynesian Rejection Of Mainstream Inflation Theory’ Blog-Reference  and Blog...
July 28, 2018

The Magic Money Tree is real ― too bad that the magic is a fraud

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Comment on Tom Hickey/Ben Wray on ‘The magic money tree is real: Treasury confirms taxes are not needed to fund government spending’ Blog-...
June 25, 2018

It has been said before but economists still don’t get it

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Comment on Nick Rowe on ‘Hydraulic Monetarism’ Blog-Reference  and Blog-Reference Nick Rowe concludes: “I’ve said all this before (and i...
June 19, 2018

The Fisher Effect ― another piece of nincompoop-economics

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Comment on David Glasner on ‘Keynes and the Fisher Equation’ Blog-Reference Roughly speaking, the Fisher Equation is about the relations...
June 13, 2018

Nick Rowe’s soap bubbling about money

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Comment on Nick Rowe on ‘The Parable of the Fruit Trees’ Blog-Reference “The apple producer produces apples. The banana producer produce...