December 1, 2022

Occasional Tweets: Austerity vs deficit-spending ― the false dichotomy

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  #LearnEcon The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit . The #MMT policy of #DeficitSpendingMoneyCre...
November 30, 2022

Occasional Tweets: Trust the science ― but keep in mind that economics is not a science

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  For 200+ ys, #Economics is #FailedFakeScience bc #Economists are NOT #Scientists but #AgendaPushers / #UsefulIdiots / #Clowns in t...

Occasional Tweets: How to pay for the war (II)

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  #Econ #EconomicWarfare #HowToPay GER/EUR is via NATO at war with RUS. In order to pay for the war, GOVs usually increase #Inflation , #Le...

Occasional Tweets: Economics ― the failed/fake science that the Oligarchy traditionally prefers to fund

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  The scientific task of #Economists is to figure out how the #Economy works. The fact is that #Economics is #FailedFakeScience bc #Eco...
November 29, 2022

Occasional Tweets: How economists ended up on the wrong side of the science/politics divide

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  #Econ For 200+ ys, #Economics is #FailedFakeScience bc #Economists are NOT #Scientists but #AgendaPushers / #UsefulIdiots / #Clowns...
November 28, 2022

Occasional Tweets: The futile attempt to recycle Adam Smith (XII)

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  #Economics #FailedFakeScience Adam Smith NEVER understood what #Profit is and how the economic #System works. He was NOT a #Scientist ...
November 27, 2022

Occasional Tweets: The futile attempt to recycle Hayek (IV)

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  #Economics #FailedFakeScience #Economists #StupidOrCorruptOrBoth Most academic #Economists are NOT #Scientists but #AgendaPushers / #U...