#Economics#FailedFakeScience#MicroFoundations— E.K-H (@AXECorg) December 28, 2022
“Utility; for an entrepreneur, ― profit; for a player, gain or loss.” (ToG, p. 33, fn. 2) von Neumann, too, got #ProfitTheory wrong. Bc of this, #GameTheory is irrelevant to #Economics. ⇒https://t.co/g6NHSdK2Jb
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.