April 1, 2023

Occasional Tweets: The history of economic thought is the history of scientific failure (VII)

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  #FailedFakeScience The history of economic thought is the history of scientific failure. The major approaches are axiomatically false ...

Occasional Tweets: Meanwhile debunking is a pointless exercise

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  #Econ #FailedFakeScience Both, orthodox & heterodox #Economics are axiomatically false & materially/formally inconsistent & ...

Occasional Tweets: Coming up in economics

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  #ComingUp #Economics is #FailedFakeScience . The various #MicroFoundations approaches are axiomatically false. So are Keynesian #MacroF...
March 31, 2023

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

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  #Economics #FailedFakeScience The history of economic thought is the history of scientific failure. Adam Smith NEVER understood what #Pro...

Occasional Tweets: The futile attempt to recycle Milton Friedman (III)

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  #Econ #FailedFakeScience “Economics is the study of the economy, not the study of economists.” (R. Reis) The history of economic thought ...

Occasional Tweets: It is the growth of public debt that keeps the system running

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  The UK political system is an #Oligarchy . Parliament/Treasury/BoE/BigBusiness are integral parts of it. The 3-sector #ProfitLaw Q≡(G−T)...

Occasional Tweets: The economist as a scientific miscast

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  #Econ #DisInfoTainment #EconTwitter The scientific mission of #Economists is to figure out how the #Economy works. The fact is that #Ec...