#Economics#FakeScience#Utility is a psychological/sociological/philosophical concept. Economics is about how the economic #System works. It is NOT a #SocialScience but a #SystemsScience. #Economists never got their foundational concepts right. ⇒https://t.co/5K0YAuqmZ3— E.K-H (@AXECorg) June 27, 2022
June 27, 2022
Occasional Tweets: Economics is not a guide to living
For more about utility see AXECquery.
For the flawed mathematics of utility maximization see
For the philosophy of Utilitarianism see Wikipedia Jeremy Bentham. When economics becomes a science, Utilitarianism will be no longer part of it.