“Today I learned JD Vance is a Marxist.” (Nathan Kalman-Lamb)
— AXEC (@EgmontHandtke) May 25, 2026
Those silly games go on as general stupidity increases.
Because Marx got the foundational concept of economics —profit— wrong, his communicative contribution reduces to psycho-social-political-philosophical blather.…
This blog connects to the AXEC Project which applies a superior method of economic analysis. The following comments have been posted on selected blogs as catalysts for the ongoing Paradigm Shift. The comments are brought together here for information. The full debates are directly accessible via the Blog-References. Scrap the lot and start again―that is what a Paradigm Shift is all about. Time to make economics a science.
May 25, 2026
Occasional X: Economics • Communication • Disinfotainment (V)
May 24, 2026
Occasional X: Economics • Communication • Disinfotainment (IV)
“You must have the discipline that the Swiss have. Never run fiscal deficits. In other words, don't turn on the printing press. If you have a deficit, borrow, pay. Never print unbacked bills.” (Lee Kuan Yew)
— AXEC (@EgmontHandtke) May 24, 2026
Lee Kuan Yew never understood the profit mechanism, which is the…
June 11, 2025
Occasional X: Economics is not science but disinfotainment (XLIX)
#Economics#AllYouNeedToKnow
— AXEC (@EgmontHandtke) June 11, 2025
“Prof. Acemoglu compares unrealistic neoclassical models to flat-earth maps and claims that such maps are sometimes 'useful'.” (Shahin Ashkiani)
Economics claims to be science but is NOT. The major approaches (Walrasianism, Keynesianism, Marxianism,… pic.twitter.com/Sam5WSPKQ8
June 6, 2025
Occasional X: Economics is not science but disinfotainment (XLVIII)
#Economics#AllYouNeedToKnow
— AXEC (@EgmontHandtke) June 6, 2025
“… who was Malthus' Godfather?” (EconomicsInTen)
That's not economics, that's perhaps good to know for crossword enthusiasts.
Economics is about how the economic system works. But that is something, economists do not understand to this day.…
January 22, 2025
Occasional X: Economics • Communication • Disinfotainment (III)
Economics claims to be science but is NOT. The representative economist is NOT ― and never has been ― a competent scientist but an agenda-pusher / clown in the political Circus Maximus. To read contemporary economics/political psychology is a waste of time. pic.twitter.com/mnAr6cdm8w
— E.K-H (@AXECorg) January 22, 2025
January 21, 2025
Occasional X: Economics • Communication • Disinfotainment (II)
#Economics#AllYouNeedToKnow
— E.K-H (@AXECorg) January 21, 2025
Economics claims to be science but is NOT. The representative economist is NOT ― and never has been ― a competent scientist but an agenda-pusher / clown in the political Circus Maximus. To this day, economics is NOT science but #DisInfoTainment.
May 24, 2024
Occasional X: Economics ― just disinfotainment and self-hype (XLVI)
#Economics#FailedFakeScience#DisInfoTainment
— E.K-H (@AXECorg) May 24, 2024
“Economics is the study of the economy, not the study of economists.” (Ricardo Reis)
The history of economic thought is the history of scientific failure. #Austrians NEVER understood what #Profit is & how the economic #System…
May 7, 2024
Occasional X: Economics ― just disinfotainment and self-hype (XLV)
#Economics#DisInfoTainment#Prizes
— E.K-H (@AXECorg) May 7, 2024
The #PulitzerPrize is just #SelfHype of the #Press, the #Oscar is just #SelfHype of #Hollywood, the #EconNobel is #SelfHype of #AcademicEconomics, etcetera. Prizes are a #Marketing / #PR / #Propaganda tool to shape #PublicOpinion and an…
March 28, 2024
Occasional Xs: Economics ― just disinfotainment and self-hype (XLIV)
#Economics#DisInfoTainment#Oscars#Prizes are a tool of #Marketing / #PR / #Propaganda to shape #PublicOpinion. #Economics is #FailedFakeScience, so prizes have NO scientific significance but are an #Incentive / #Reward with which the #Oligarchy controls #Academia.
— E.K-H (@AXECorg) March 28, 2024
This holds…
February 29, 2024
Occasional Xs: Economics ― just disinfotainment and self-hype (XLIII)
#EconTwitter
— E.K-H (@AXECorg) February 29, 2024
The history of economic thought is the history of scientific failure. The #RottenEconomistTheorem states that the representative #Economist is NOT a #Scientist but an #AgendaPusher / #Clown in the political #CircusMaximus & in his incompetence a #DangerToHumanity. pic.twitter.com/w5QF4rdJCY
February 2, 2024
Occasional Xs: Economics ― just disinfotainment and self-hype (XLII)
#FailedFakeScience#Economics claims to be #Science but is NOT. The representative #Economist is NOT a #Scientist but an #AgendaPusher / #Clown in the political #CircusMaximus. Bc economics is scientifically worthless, the #Opinions of #Economists are stuff for the trash can. pic.twitter.com/tJkQN1BDJJ
— E.K-H (@AXECorg) February 2, 2024
February 1, 2024
Occasional Xs: Economics ― just disinfotainment and self-hype (XLI)
#Economics#FailedFakeScience
— E.K-H (@AXECorg) February 1, 2024
In their scientific #Incompetence, #Economists have always been a #DangerToHumanity.
Iatrogenic economicshttps://t.co/BR3Lnnt5nf pic.twitter.com/UpqLBxWRfP
January 15, 2024
Occasional Xs: Economics ― just disinfotainment and self-hype (XL)
#Economics#FailedFakeScience#DisInfoTainment
— E.K-H (@AXECorg) January 15, 2024
Why are #Economists so keen to communicate their psychological #NanoProblems & their #WeltSchmerz worldwide? Could it be that the representative #Economist is NOT a #Scientist but a #MediaClown? ⇒https://t.co/eiCNQEZ2Uh
January 11, 2024
Occasional Xs: Economics ― just disinfotainment and self-hype (XXXIX)
#Econ#Economics claims to be #Science but is NOT. The major approaches are axiomatically false & materially/formally inconsistent & ALL got #Profit wrong. The representative #Economist is NOT a #Scientist but an #AgendaPusher / #Clown in the political #CircusMaximus. pic.twitter.com/oyx6ceSgNm
— E.K-H (@AXECorg) January 11, 2024
January 5, 2024
Occasional Xs: Economics ― just disinfotainment and self-hype (XXXVIII)
#Econ#DisInfoTainment#Economics claims to be #Science but is NOT. The representative #Economist is NOT a #Scientist but an #AgendaPusher / #Clown in the political #CircusMaximus. pic.twitter.com/acx0Hj2xIN
— E.K-H (@AXECorg) January 5, 2024
Occasional Xs: Economics ― just disinfotainment and self-hype (XXXVII)
#Economics#FailedFakeScience#NoFalseHeroMemorials
— E.K-H (@AXECorg) January 5, 2024
The history of economic thought is the history of scientific failure. The major approaches are axiomatically false & materially/formally inconsistent & ALL got #Profit wrong. #Solow was no exception. ⇒https://t.co/UDqmsPlWxf pic.twitter.com/A48dDqfLjL
December 28, 2023
Occasional Xs: Economics ― just disinfotainment and self-hype (XXXVI)
#Econ
— E.K-H (@AXECorg) December 28, 2023
The founding fathers never understood what #Profit is, i.e. they got the foundational economic concept wrong. But onward to Tyler Cowen, #Economists have neither noticed nor fixed the lethal blunder. For proof search his latest book GOAT for profit(s). pic.twitter.com/7bAWeHI8hL
December 13, 2023
Occasional Xs: Economics ― just disinfotainment and self-hype (XXXV)
The history of economic thought is the history of scientific failure. The major approaches are axiomatically false & materially/formally inconsistent & ALL got #Profit wrong. #Economics is scientifically worthless. But at CORE they still hype clueless #Historians as #TopThinkers. pic.twitter.com/NwfpuVNiJG
— E.K-H (@AXECorg) December 13, 2023
Occasional Xs: Economics ― just disinfotainment and self-hype (XXXIV)
#Econ#Walrasianism, #Keynesianism, #Marxianism, #Austrianism etc. are axiomatically false & materially/formally inconsistent & ALL got #Profit wrong. #Economics is scientifically worthless. It always has been and still is irrelevant what #Economists feel or think. pic.twitter.com/jhb6vT47YS
— E.K-H (@AXECorg) December 13, 2023
December 12, 2023
Occasional Xs: Economics ― just disinfotainment and self-hype (XXXIII)
#Econ#FailedFakeScience#DisInfoTainment
— E.K-H (@AXECorg) December 12, 2023
“Economics is the study of the economy, not the study of economists.” (Ricardo Reis)
The representative #Economist is NOT a #Scientist but an untalented #Entertainer.
The economist as storytellerhttps://t.co/Lroo52OWDQ