November 1, 2025

Occasional X: Clueless economists / Profit (CVIII)

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#Economics #AllYouNeedToKnow “It is the export surplus and the budget deficit which enable the capitalists to make profits over and above th...
October 31, 2025

Occasional X: Scrap the EconNobel (XLVIII)

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#Economics #AllYouNeedToKnow “Consider this shocking fact: economics is the only discipline that exhibits a high and growing institutional c...

Occasional X: The futile attempt to recycle Adam Smith (LXXXV)

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#Economics #AllYouNeedToKnow “No society can surely be flourishing and happy, of which the far greater part of the members are poor and mise...

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

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#Economics #AllYouNeedToKnow “When studying praxeology, something as trivial as the recipe for chocolate cake can become a way to better tea...

Occasional X: Economics still lacks correct macrofoundations (XXXII)

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#Economics #AllYouNeedToKnow “The field of macroeconomics could benefit from much more humility.” (Jon Hartley) A lack of humility is not th...
October 30, 2025

Occasional X: Clueless economists / Science (CCXVII)

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#Economics #AllYouNeedToKnow “Thinking this isn’t science is like thinking this textbook diagram isn’t either.” (Federico Castello Rojo) Yes...

Occasional X: Economic laws (III)

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#Economics #AllYouNeedToKnow “There is so much behind it, and so much to be learnt. And yet finally condensed in such an elegant, compact, i...