February 27, 2022

Occasional Tweets: Economics is not science, economists are not scientists (II)

 

For details of the big picture see cross-references Political Economics/Stupidity/Corruption.  

February 25, 2022

Occasional Tweets: Economics is not science, economists are not scientists (I)

 


For details of the big picture see cross-references Political Economics/Stupidity/Corruption

February 23, 2022

Occasion Tweets: The futile attempt to recycle New-Keynesian models

 

Occasional Tweets: The futile attempt to recycle Buchanan (II)

 

February 22, 2022

February 21, 2022

Occasional Tweets: Economists just can't stop dabbling in politics and start doing real science

 

Occasional Tweets: There are still economists around who babble supply-demand-equilibrium nonsense

 


For more about supply-demand-equilibrium see AXECquery

February 19, 2022

Occasional Tweets: Economists are too stupid for math

 

February 17, 2022

Occasional Tweets: The futile attempt of economists to hype themselves as fighters for democracy

 


For more about Simon Wren-Lewis see AXECquery

Occasional Tweets: For 200+ years now, there is no such thing as a real economist

 

February 16, 2022

Occasional Tweets: The futile attempt to recycle the Quantity Theory

 


For more about the Quantity Theory see AXECquery

Occasional Tweets: The explanation for profit does not come from folk psychology but from the the profit law

 


For more about profit see AXECquery.
For more about PsySoc see AXECquery

Occasional Tweets: The futile attempt to market economics as science

 


For more about the economics Nobel see AXECquery

Occasional Tweets: The futile attempt to recycle the fake history of economic thought

 


The falsification of history is, of course, not in any way limited to economics. For history in general see for example How Fake Is Roman Antiquity? 

February 15, 2022

Occasional Tweets: The futile attempt to recycle Adam Smith (III)

 

Occasional Tweets: The futile attempt to recycle Keynesianism (VII)

 


For more about Keynesianism see AXECquery

Occasional Tweets: Democracy or Oligarchy ― which side are the fake scientists from the faculty of economics on?

 



For more about Simon Wren-Lewis see AXECquery.

February 14, 2022

Occasional Tweets: The futile attempt to recycle Austrianism (II)

 

For more about Austrianism see AXECquery

February 13, 2022

Occasional Tweets: The futile attempt to recycle microfoundations (II)

 


For more about microfoundations see AXECorg.
For more about macrofoundations see AXECorg

Occasional Tweets: The futile attempt to recycle microfoundations (I)

 


For more about axiomatization see AXECquery

February 11, 2022

Occasional Tweets: The individiual Senator makes micro profit for himself, Congress makes macro profit for the whole Oligarchy

 

Occasional Tweets: "Real" economists have always been in the disinfotainment business

 

Occasional Tweets: Supply-demand-equilibrium ― the most idiotic construct in the history of economic thought

 

For more about supply-demand-equilibrium see AXECquery.
For more about profit see AXECquery.

Occasional Tweets: It is the state's deficit-spending that keeps the so-called free-market economy alive

 

February 9, 2022

Occasional Tweets: When economists say WE/OUR they don't mean WeThePeople but WeTheOligarchy

 


Occasional Tweets: Economics is neither constrained optimization nor storytelling

 


For more about storytellers see AXECquery

Occasional Tweets: Science is about true/false and nothing else

 

Occasional Tweets: Women are the Oligarchy's new/better sales reps

 

February 8, 2022

Occasional Tweets: The futile attempt to recycle MMT (I)

 

Occasional Tweets: Never heard of the principle of the separation of politics and science, eh?

 


For details of the big picture see cross-references Political Economics/Stupidity/Corruption

Occasional Tweets: Economic debate ― the never-ending clown show

 

Occasional Tweets: Growing public debt ― the costs for WeThePeople and the benefits for the Oligarchy

 

February 7, 2022

Occasional Tweets: After being exposed as academic frauds, MMTers turn to pretty-face promotion

 


For the full-spectrum refutation of MMT see cross-references MMT

Occasional Tweets: What? Serious scholars? Economists?

 


For details of the big picture see cross-references Failed/Fake Scientists

 

Occasional Tweets: Economics is failed/fake science and economic societies are an integral part of the disaster

 

Occasional Tweets: The futile attempt to whitewash the scientific failure of economics

 

February 6, 2022

Occasional Tweets: MMT ― a victory for whom?

 


Occasional Tweets: The futile attempt to recycle Keynes (VI)

 


For details of the big picture see cross-references Keynesianism

Occasional Tweets: Well done, Mr. Biden ― more deficit, more public debt, more macroeconomic profit

 

Occasional Tweets: Economists do not fix problems

 

February 5, 2022

Occasional Tweets: The 'wow' moment in economics

 


For details of the big picture see cross-references Political Economics/Stupidity/Corruption

February 4, 2022

Occasional Tweets: After 200+ years of bumbling around it is time to get employment theory right

 


For details of the big picture see cross-references Employment/Phillips Curve

Occasional Tweets: The futile attempt to sell fake science

 

February 3, 2022

Occasional Tweets: No one cares what economists say

 

Occasional Tweets: Keynesianism is not at the crossroads but at the end of the coal pit

 


For more about the methodological coal pit see AXECquery

Occasional Tweets: In economics, peer review has also been perverted

 

February 1, 2022

Ranking and topping ― a cargo-cultic ritual

Comment on Barkley Rosser on ‘Again One Of The Top 100 Economics Blogs’


Economists suffer from the bad habit of mutually praising their proto-scientific garbage. The fact of the matter is that economics is failed/fake science. Walrasianism, Keynesianism, Marxianism, Austrianism, MMT are mutually contradictory, axiomatically false, and materially/formally inconsistent. Economics is scientifically worthless. Economic policy guidance never has had sound scientific foundations. So, the ranking of economics journals or blogs amounts to a periodic spoof of the public.#1, #2

There is no ‘complexity’ whatsoever in the regular contributions to EconoSpeak, it is just plain disinfotainment and misplaced self-hype.

For those who want to check matters for themselves and learn what economics as science looks like, here is a ten-pages working paper:

Abstract: Economists never managed to consistently integrate micro- and macroeconomics. Walrasian economics is built upon microfoundations. These consist of patently absurd subjective-behavioral assumptions. Keynesian economics is built upon objective-structural macrofoundations. These are algebraically defective. Both approaches get the foundational economic concept of profit wrong. Because the axiomatic foundations are provably false, the whole analytical superstructure of economics is scientifically worthless. The present paper starts with the correct macrofoundations and determines the logical interface between objective market price and the multitude of subjective valuations.

Egmont Kakarot-Handtke


Occasional Tweets: Well done, Mr. Biden!

 

Occasional Tweets: How to save a lot of effort and confusion

 


For details of the big picture see cross-references Political Economics/Stupidity/Corruption

Occasional Tweets: Economics is great fun ― except for #WeThePeople

 

Occasional Tweets: How the so-called market economy survives for a while on the state ventilator

 


For more about breakdown see AXECquery