November 11, 2021
The sense of economics is agenda-pushing for the Oligarchy
Comment on Lars Syll on ‘Making sense of economics’
We know that economics has a science problem. The history of economic thought is the history of scientific failure. The major approaches — Walrasianism, Keynesianism, Marxianism, Austrianism, MMT — are mutually contradictory, axiomatically false, materially/formally inconsistent and all got the foundational economic concept of profit wrong. To this day, economists are NOT scientists but clowns/useful idiots in the political Circus Maximus.