January 31, 2023

Occasional Tweets: The realization grows inexorably and has already reached Bloomberg Opinion

›
  #Economics #FailedFakeScience #Walrasianism , #Keynesianism , #Marxianism , #Austrianism , #MMT , & #Pluralism are axiomatically fal...
January 30, 2023

Occasional Tweets: Economists have no idea how the economy works but are the life advisors that everyone has waited for

›
  #Econ #FailedFakeScience #HomoEconomicus #Economics is about how the #Economy works. It is a #SystemsScience & NOT a #SocialScienc...

Occasional Tweets: When economists say we/our this means WeTheOligarchy and not WeThePeople

›
  The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit . So #DeficitSpendingMoneyCreation is a #FreeLunch for ...

Occasional Tweets: What’s the consequence for the government accruing debt?

›
  #PublicDebt increases for 200+ yrs. The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit . #DeficitSpendingMo...

Occasional Tweets: Another kind of scientific progress ― from carrot-and-stick donkey training to the manipulation of economic incentives

›
  #Economics #FailedFakeScience An #Economist with scientific instead of technocratic aspirations would figure out how the economic #Syste...

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

›
  #BadScienceBadPolicyBadPeople The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit . So, the #MMT policy of #...
January 29, 2023

Occasional Tweets: As incompetent scientists, economists cannot serve the common good even if they really wanted to

›
  #Economics is #FailedFakeScience and as a consequence #EconomicPolicyGuidance lacks sound scientific foundations since Adam Smith. #Ec...