May 10, 2023

Occasional Tweets: Never change a winning business model

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  The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit . So, the policy of #DeficitSpendingMoneyCreation i.e. g...

Occasional Tweets: Deficit-spending/money-creation is always a bad deal for WeThePeople ― to paint it green makes no difference

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

Occasional Tweets: Economics needs a Paradigm Shift but economists are unable to do that because it amounts to self-annihilation

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  #Walrasianism , #Keynesianism , #Marxianism , #Austrianism et al. are axiomatically false & materially/formally inconsistent & A...
May 9, 2023

Occasional Tweets: It is beginning to dawn on some academic economists that they themselves messed up economics

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  For 200+ yrs, #Economics is #FailedFakeScience . The various #MicroFoundations approaches are axiomatically false. So are Keynesian #Ma...

Occasional Tweets: Most economists are not scientists but political agenda pushers (X)

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  #Economics #EconomicWarfare #KillNordStream The idea to turn off the gas tap and create an ARTIFICIAL #Scarcity was originally (2016) by...
May 8, 2023

Occasional Tweets: Disentangling the Zero-Sum Fallacy

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

Occasional Tweets: The futile attempt to recycle political economics (III)

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  #Econ The major approaches are axiomatically false & materially/formally inconsistent & ALL got #Profit wrong. #Economics is NO...