December 31, 2022

Occasional Tweets: Economic Boxes are still empty

 

December 28, 2022

Occasional Tweets: Game theory has no economic content because von Neumann, too, got profit wrong

 


For more about von Neumann see AXECquery

Occasional Tweets: How to pay for the war (III)

 


Occasional Tweets: Economics is an integral part of the History of Scientific Failure

 

December 26, 2022

Occasional Tweets: MMT simply explained

 


For details of the big picture see cross-references MMT

Occasional Tweets: No, our joint wealth and wellbeing does not increase when the government and the central bank turn to deficit spending/money creation

 


Occasional Tweets: The futile attempt to recycle scientifically worthless economic arguments

 

December 21, 2022

Occasional Tweets: How deficit-spending, self-alimentation with profit/interest, and state-capture work

 

Occasional Tweets: Bashing deficit-spending has always been the the biggest stupidity of free-marketeers

 


Occasional Tweets: The futile attempt to recycle Hayek (V)

 

Occasional Tweets: Economic policy guidance never has had sound scientific foundations

 

December 19, 2022

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

 

Occasional Tweets: Economic debate ― not much more than psycho-social hardcore wrestling

 

Occasional Tweets: There is no such thing as central bank independence (II)

 

Occasional Tweets: To this day, economists have no idea what profit is and how the economy works

 


For details of the big picture see cross-references Profit

December 16, 2022

Occasional Tweets: Growing public debt keeps late Capitalism going

 


Occasional Tweets: Inflation, price, profit ― the essentials

 

Occasional Tweets: MMT is political fraud ― just like mainstream economics

 


For more about MMT see AXECquery

Occasional Tweets: High time to bury RE, RBC and the rest of the microfoundations framework

 


For more about defective microfoundations see AXECquery

December 15, 2022

Occasional Tweets: There is no trade-off between inflation and recession

 


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

Occasional Tweets: In economics, peer review has been weaponized

 



For more about peer review see AXECquery

Occasional Tweets: The Central Bank is the profit pump of the Oligarchy

 


For details of the big picture see cross-references Profit.

Occasional Tweets: Science is constituted by material AND formal consistency, the inductive vs deductive opposition is a false dichotomy

 

December 14, 2022

Occasional Tweets: Economics is failed/fake science because economists never understood the simple math that underlies accounting

 


For details of the big picture see cross-references Accounting.

 

Occasional Tweets: Hayek had no scientific knowledge about how the profit mechanism works

 

Occasional Thweets: Adam Smith ― the founding father of economics as disinfotainment

 

Occasional Tweets: As far as economics is concerned the output of universities consists of failed/fake science

 

Occasional Tweets: If you say you are an economist and you also say that you are working for the good of humanity you are saying at least one lie

 


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

December 13, 2022

Occasional Tweets: Because all models are axiomatically false, economics is scientifically worthless

 


For details of the big picture see cross-references Axiomatization

Occasional Tweets: Macroeconomics is axiomatically false, therefore, the history of macroeconomic thought is not worth knowing

 


 For details of the big picture see cross-references Methodology

Occasional Tweets: Economics ― failed/fake science and defunct economists

 

December 12, 2022

Occasional Tweets: There are still folks who are still parroting supply-demand-equilibrium

 

Occasional Tweets: Conversation is not the way forward in economics ― refutation, axiomatization, and proof lead out of the swamp

 

Occasional Tweets: Replacing a cheap input with an expensive one was once regarded as a sure sign of economic idiocy

 

Occasional Tweets: Academic economists ― the allround sales reps

 




For more about disinfotainment see AXECorg.

December 10, 2022

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

 

Occasional Tweets: #DefundEconomics

 

Occasional Tweets: Adam Smith ― patron saint of failed/fake science

 

Occasional Tweets: Academic economics ― just disinfotainment and self-hype

 

December 9, 2022

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

 

Occasional Tweets: Economics, Oligarchy, Democracy and fake legitimacy

 

Occasional Tweets: The futile attempt to recycle Kalecki (III)

 

Occasional Tweets: The problem is not that the economy is nearly incomprehensible but that economists are nearly brain-dead

 

Occasional Tweets: Zombie shouts from the scientific swamp ― economics is a social science

 


For more about PsySoc see AXECquery

Occasional Tweets: Economic policy guidance never has had sound scientific foundations

 

Occasional Tweets: How Solow messed up growth theory and why economists don't get it right to this day

 

December 8, 2022

Occasional Tweets: Why has nobody heard of the macroeconomic Profit Law until recently?

 

Occasional Tweets: The miracle of black-box profit creation

 

Occasional Tweets: Economics ― not a science but a playground for disinfotainment clowns

 


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

December 7, 2022

Occasional Tweets: The problem with Austrianism

 

Occasional Tweets: No false hero memorials ― economics is failed/fake science

 
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Occasional Tweets: Heterodoxy, too, goes down the scientific drain

 

For details of the big picture see cross-references Heterodoxy

Occasional Tweets: Stopping the economists' never ending fun game 'Where did economics go wrong?'

 

Occasional Tweets: Laying Austrianism to rest

 

December 6, 2022

Occasional Tweets: The macrofounded economic analog to the Pythagorean Theorem

 





For details of the big picture see cross-references Axiomatization.

Occasional Tweets: The mission of academic economics ― a reminder

 

Occasional Tweets: Yes, dear Austrians, the objective Law of Value exists

 

December 4, 2022

Occasional Tweets: von Mises got profit wrong but Austrians never got it

 

 



For more about the zero-profit economy see AXECquery

December 2, 2022

Occasional Tweets: Science is not about like/dislike but about true/false

 


Occasional Tweets: Scientific achievements are not measured in terms of the number of followers / applause trolls

 

Occasional Tweets: The absolute upper limit of public debt