October 31, 2022

Occasional Tweets: The task of economists is to figure out how the economy works and NOT to promote Liberalism

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  The scientific task of #Economists is to figure out how the #Economy works and NOT to promote #Liberalism . The fact is that #Economics...

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...

Occasional Tweets: Employment theory is provably false ― central banks don't get it to this day

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  #Employment #Price #Wage #Inflation The axiomatically correct macroeconomic #EmploymentLaw tells one that #Employment L • decreases if ...
October 30, 2022

Occasional Tweets: Halloween economics ― the Schuldenbremse as a child scare

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  #HalloweenEcon Do our kids benefit from the lifting of the #Schuldenbremse ? No! The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #Publi...

Occasional Tweets: As a rule of thumb, supply and demand for bonds is equal to deficit-spending

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  #HowItWorks The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit . So #PrivateFinancialWealth grows in lockst...
October 28, 2022

Occasional Tweets: How to spot failed scientists/useful idiots on Twitter

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  #FailedFakeScience We all remember: 'Let's build a wall and make Mexico pay for it.' Same thing now: 'Let's bring dow...
October 26, 2022

Occasional Tweets: The futile attempt to recycle MMT (XII)

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  #MMT #BadScienceBadPolicyBadPeople MMT, Warren Mosler, and the little helpers from Wall Street and Academia https://t.co/Pu8mi55YyE pic....