Showing posts with label Walrasianism. Show all posts
Showing posts with label Walrasianism. Show all posts
September 1, 2025

Occasional Xs: Clueless economists / Science (CXC)

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#Economics #FailedFakeScience “'Marginalism' is the essence of good economics.” (Deirdre Nansen McCloskey) No. Actually, Marginalism...
August 31, 2025

Occasional Xs: Clueless economists / Science (CLXXXIX)

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  #Economics #AllYouNeedToKnow “Lausanne, where much of modern economics was born. Walras & Pareto worked here.” (Kaushik Basu) Modern ...
June 13, 2025

Occasional Xs: Clueless economists / Science (CLXXIII)

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  #Economics #AllYouNeedToKnow “But these simplistic models are just for educational purposes. We also have complex, realistic models.” (qu...
January 5, 2025

Occasional Xs: The futile attempt to recycle behavioral economics (VII)

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  #Economics #AllYouNeedToKnow “On this day in 1910, Leon Walras died. A hugely influential economist and part of the marginal revolution, ...
November 29, 2024

Occasional Xs: Paradigm Shift (XLIV)

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  #Economics #FailedFakeScience “I am often asked what I would keep of Neoclassical economics in a new paradigm. My answer is that I would ...
March 21, 2024

Occasional Xs: The futile attempt to recycle Walrasianism (I)

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  #Economics #FailedFakeScience The major approaches ( #Walrasianism , #Keynesianism , #Marxianism , #Austrianism , and their derivatives) ...
December 27, 2023

Occasional Xs: Paradigm Shift (X)

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  #Keynes got macroeconomic #Profit wrong bc he was too stupid for elementary #Algebra . So, he messed up the #ParadigmShift from #Micro...
October 31, 2022

Occasional Tweets: Neoclassics or Keynesianism? ― another case of the False Dichotomy Fallacy

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  #Economics #FailedFakeScience #Economists #StupidOrCorruptOrBoth #Walrasianism , #Keynesianism , #Marxianism , #Austrianism , #MMT are a...
June 25, 2022

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

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  #Economics #FailedScience #FakeScience The history of economic thought is the history of scientific failure. #Walrasianism , #Keynesianis...
June 22, 2022

Occasional Tweets: There are still folks around who have not realized that DSGE models are proto-scientific garbage

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  #Econ #Walrasianism , #Keynesianism , #Marxianism , #Austrianism , #MMT are mutually contradictory, axiomatically false, materially/form...
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 ...
December 25, 2021

Occasional Tweets: Economics ― the future is now

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  Millennia from now, the century 1850-1950 will be remembered for the scientific failure of #Economics . #Walrasianism , #Keynesianism , #...

Occasional Tweets: 0.1% of "criticisms of economists from non-economists are completely stupid and wrong"

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  #Economics #Walrasianism , #Keynesianism , #Marxianism , #Austrianism , #MMT are mutually contradictory, axiomatically false, and materi...
November 8, 2021

Occasional Tweets: Some folks are still stuck with the rational expectation equilibrium

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  #Walrasianism , #Keynesianism , #Marxianism , #Austrianism , #MMT are mutually contradictory, axiomatically false, materially/formally i...
September 22, 2021

MMT vs Mainstream ― a proto-scientific clown show

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Comment on Bill Mitchell on ‘ECB researchers find fiscal policy is very effective and more so if central banks buy up the debt’ and ‘They ne...
September 18, 2021

Occasional Tweets: MMT has no scientific legitimacy, neither has the rest of economics

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  The history of economic thought is the history of scientific failure. #Walrasianism , #Keynesianism , #Marxianism , #Austrianism , #MMT ,...
September 12, 2021

Occasional Tweets: Fire economists

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  #Economics The history of economic thought is the history of scientific failure. #Walrasianism , #Keynesianism , #Marxianism , #Austriani...
June 17, 2021

Occasional Tweets: All one needs to know about economics

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  #FailedScience #FakeScience #Walrasianism , #Keynesianism , #Marxianism , #Austrianism , #MMT , #Pluralism are mutually contradictory, a...
May 1, 2021

Orthodoxy is refuted ― but MMT also

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Comment on Bill Mitchell on ‘The Cambridge Controversy ― a fundamental refutation of orthodox economic theory’ * Blog-Reference  and Blog-Re...
March 3, 2021

Going beyond the pluralism of idiotism

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Comment on Andri Stahel on 'The ideological function of economic theories and models'* Blog-Reference The question, Is economics a s...