September 19, 2021

Australia, here we come

Comment on Tom Hickey on ‘Steve Keen ― Australia: MMT Runs for Office’

Steve Keen is too stupid for elementary algebra. Because of this, he got macroeconomic profit wrong: Debunking Squared

So, he is publicly known to be scientifically incompetent since 2013. This is not a big deal, though, because economics as a whole is failed/fake science. Economics never had scientific truth-value but only some political use-value.

And so it came that economists are for 200+ years now clowns and useful idiots in the political Circus Maximus. Steve Keen is just the latest example. He
  • never understood how the economy works,
  • recently teamed up with MMTers who promote a free-lunch agenda for the Oligarchy and the seizure of the means of production of currency,
  • is an #EconBlocker. These folks violate the Code of Professional Conduct with the silent consent of their national economic societies who set up these codes but never enforce them.#1

After playing the role of “one of the world's leading economists” (V. Kline on Twitter) for some years, Steve Keen now gets a new assignment: “Australia, you are going to be in a very good hand”.

Egmont Kakarot-Handtke

For more about Steve Keen see AXECquery.


Twitter, Sep 23