September 9, 2021

Occasional Tweets: The national debt will grow no matter what Mrs. Yellen says

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  The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit . Thus, #DeficitSpendingMoneyCreation is a #FreeLunch f...
September 8, 2021

From the fact that mainstream economics is false does not logically follow that MMT is true

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Comment on Bill Mitchell on ‘As the mainstream paradigm breaks down’* Blog-References Bill Mitchell comments on the address the Head of the ...

Occasional Tweets: Economics ― the pluralism of idiotism (I)

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  #Economics #FailedScience #FakeScience #PluralismOfIdiotism #Walrasianism , #Keynesianism , #Marxianism , #Austrianism , #MMT , are mutua...
September 7, 2021

Occasional Tweets: Can't get no satisfaction

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  The task of #Economics as a #Science is to figure out how the #Economy works and not to provide #Satisfaction to the next generation ...

Occasional Tweets: Economists simply don't get it

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  #HowTheSystemWorks The 3-sector #ProfitLaw Q≡(G−T)+(I−S) implies #PublicDeficitIsPrivateProfit . Thus, the policy of #DeficitSpendingMon...

Occasional Tweets: MMT, too, goes down the science toilet

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  #Economics #FailedScience #FakeScience The mainstream #Paradigm was already dead in the cradle 150+ years ago. But #MMT is scientifical...
September 6, 2021

Occasional Tweets: MMT trolls ― dumb but very busy (III)

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  #MMT #BadScienceBadPolicyBadPeople “What the national government deficit spends, the non-government sector gets.” is false. Public Defici...