The history of economic thought is the history of scientific failure. #Economics has always been proto-scientific garbage because #Economists are too stupid for the elementary #Algebra of #MacroFoundations.— E.K-H (@AXECorg) February 11, 2022
The profit theory is false since Adam Smithhttps://t.co/s3zlXjwArK pic.twitter.com/r4ekvf3oCm
February 11, 2022
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.