#LearnEcon
— E.K-H (@AXECorg) December 1, 2022
The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. The #MMT policy of #DeficitSpendingMoneyCreation is a #FreeLunch for the #Oligarchy. The repeal of the #Schuldenbremse is NOT for the benefit of #WeThePeople.⇒https://t.co/XX5wLtLBu9 pic.twitter.com/2mqvBXcNk2
This blog connects to the AXEC Project which applies a superior method of economic analysis. The following comments have been posted on selected blogs as catalysts for the ongoing Paradigm Shift. The comments are brought together here for information. The full debates are directly accessible via the Blog-References. Scrap the lot and start again―that is what a Paradigm Shift is all about. Time to make economics a science.
December 1, 2022
Occasional Tweets: Austerity vs deficit-spending ― the false dichotomy
November 30, 2022
Occasional Tweets: Trust the science ― but keep in mind that economics is not a science
For 200+ ys, #Economics is #FailedFakeScience bc #Economists are NOT #Scientists but #AgendaPushers / #UsefulIdiots / #Clowns in the political #CircusMaximus, that is, they violate the existential principle of the #SeparationOfScienceAndPolitics and thus corrupt #Science. pic.twitter.com/HeiZbuyS2V
— E.K-H (@AXECorg) November 30, 2022
Occasional Tweets: How to pay for the war (II)
#Econ#EconomicWarfare#HowToPay
— E.K-H (@AXECorg) November 30, 2022
GER/EUR is via NATO at war with RUS. In order to pay for the war, GOVs usually increase #Inflation, #Levies/#Taxes, #PublicDebt. In real terms, #WeThePeople bears ALL the costs. The general #Impoverishment hits first those at the economic margin.
Occasional Tweets: Economics ― the failed/fake science that the Oligarchy traditionally prefers to fund
The scientific task of #Economists is to figure out how the #Economy works. The fact is that #Economics is #FailedFakeScience bc #Economists are NOT #Scientists but #AgendaPushers / #Clowns in the political #CircusMaximus who are traditionally funded by members of the #Oligarchy.
— E.K-H (@AXECorg) November 30, 2022
November 29, 2022
Occasional Tweets: How economists ended up on the wrong side of the science/politics divide
#Econ
— E.K-H (@AXECorg) November 29, 2022
For 200+ ys, #Economics is #FailedFakeScience bc #Economists are NOT #Scientists but #AgendaPushers / #UsefulIdiots / #Clowns in the political #CircusMaximus, that is, they violate the existential principle of the #SeparationOfScienceAndPolitics and thus corrupt #Science. pic.twitter.com/7UC521n9tq
November 28, 2022
Occasional Tweets: The futile attempt to recycle Adam Smith (XII)
#Economics#FailedFakeScience
— E.K-H (@AXECorg) November 28, 2022
Adam Smith NEVER understood what #Profit is and how the economic #System works. He was NOT a #Scientist but a political #AgendaPusher.
The profit theory is false since Adam Smithhttps://t.co/s3zlXjx8hi#NoFalseHeroMemorials pic.twitter.com/tsQuZsnyHr
November 27, 2022
Occasional Tweets: The futile attempt to recycle Hayek (IV)
#Economics#FailedFakeScience#Economists#StupidOrCorruptOrBoth
— E.K-H (@AXECorg) November 27, 2022
Most academic #Economists are NOT #Scientists but #AgendaPushers / #UsefulIdiots / #Clowns in the political #CircusMaximus.
Austrian idiocy ― the case of Hayekhttps://t.co/qa0Sk3ikWT