March 3, 2021

Going beyond the pluralism of idiotism

Comment on Andri Stahel on 'The ideological function of economic theories and models'*

The question, Is economics a science? has a simple answer: NO. Walrasianism, Keynesianism, Marxianism, Austrianism, MMT are mutually contradictory, axiomatically false, and materially/formally inconsistent.

Economics is failed/fake science for 200+ years. Economists are too stupid for the elementary algebra that underlies macroeconomics.#1 Therefore, the whole analytical superstructure is scientifically worthless. Economic policy guidance never has had sound scientific foundations. Economists, though, do not understand the proof of their own inconsistency. So, they are stuck in the swamp of the pluralism of provably false theories.

What is needed is a Paradigm Shift.#2

Because the representative economist is not a scientist but a retarded agenda pusher in the political Circus Maximus he has no idea what a Paradigm Shift is all about. By consequence, there is no alternative than to leave all this intellectual dead weight behind in the swamp in order to gain some scientific height.

It is time now, that those who say that economics is not science and those who say it is science but have nothing to show for have to be expelled from the sciences.

To start with MMTers is in the given conditions certainly a good idea.#3

Egmont Kakarot-Handtke

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