September 21, 2025

Occasional X: Clueless economists / Science (CCI)

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  #Economics #AllYouNeedToKnow “Are Krugman, Stiglitz, etc. heterodox? Acc. to Lavoie: no. They’re dissenters, not heterodox. They still wo...
September 19, 2025

Occasional X: Clueless economists / Science (CC)

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#Economics #FailedFakeScience “When economists propose a policy, they have (hopefully) some welfare function in mind, which depends in some ...

Occasional X: How it works (CCCXCVII)

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#Economics #AllYouNeedToKnow “Japan’s stock market falls -2.5% as Japanese bond yields extend their run into record territory. Japan is just...
September 18, 2025

Occasional X: Clueless economists / Science (CXCIX)

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#Economics #AllYouNeedToKnow Kenneth Arrow never realized that the mainstream axiom set‡ is proto-scientific crap, but defined methodologica...

Occasional Tweets: How the superrich are getting richer (II)

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#Economics #AllYouNeedToKnow “The 400 richest people in the U.S. are now worth a record $6.6 trillion after getting $1.2 trillion richer ove...

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

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#Economics #AllYouNeedToKnow “Marx wasn't skilled at math.” (Martin Bauer) Actually, it's even worse than that. Marx was an incompet...

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

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#Economics #AllYouNeedToKnow “Should economists read papers from other disciplines? Should economists read history of economic thought? Shou...