October 31, 2024

Occasional X: The futile attempt to recycle Marx (XXXV)

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  #Economics #FailedFakeScience #Marxianism “Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the...

Occasional X: The history of economic thought is the history of scientific failure (XXXI)

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  #Economics #FailedFakeScience The history of economic thought is the history of scientific failure. The major approaches ( #Walrasianism ...
October 30, 2024

Occasional X: Clueless economists / Money (X)

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  #Economics #LearnRealEconomics #Money “I'm not an economist … But I do want to tell everyone that main stream economists are talking ...

Occasional X: The futile attempt to recycle Austrianism (XLVIII)

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  #Economics #FailedFakeScience #Austrianism “Austrians literally say that the scientific method doesn't work on economics.” (Yang) Aus...

Occasional X: Clueless economists / Inflation (XXXIV)

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  #LearnRealEconomics The axiomatically correct macroeconomic #LawOfSupplyAndDemand ⇓ tells one how ― in the elementary case ― the avg #Pr...

Occasional X: Criminals and the Monetary Order (II)

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  #HowItWorks “So if fraud is rampant in the banking system, then at this point it's an intentional feature not a bug....” (Adam Taggar...

Occasional X: How it works (CCXLXXXII)

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  #Economics #GeoEconomics #GeoPolitics “Frightening how clearly Habeck predicted the situation of VW and Co. on 26.9.2019 …” The idea to t...