Russia-mania takes over the world
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How to re-establish trust in economics as a science
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8 comments:
Russia-mania takes over the world
As bankers and oligarchs grind the masses more and more into the dirt, the bankers and oligarchs need more and more tricks to keep the masses distracted. Whatever the oligarchs don’t like, “Russia did it.”
Incidentally the writer of this article believes in the Skripal poisoning hoax.
New studies show pundits are wrong about Russian social-media involvement in us politics
Pundits are not “wrong” about Russia-gate, any more than neoliberals are “wrong” about economics, or politicians are “wrong” about federal finances.
They are all liars.
Trump’s ‘full’ & ‘rapid’ troop withdrawal from Syria appears to be ‘slow’ & ‘smart’
Nobody believes that the USA will actually withdraw from Syria. At most, some US troops might be replaced by US mercenaries. Maybe.
The United States is first in war, but trailing in crucial aspects of modern civilization.
“When it comes to military power, the United States reigns supreme.”
No. U.S. combat soldiers are allowed to act and dress like women. Their equipment that is garbage because military contractors are only concerned with collecting federal dollars. Moreover a huge percentage of US manufacturing has been moved overseas.
“Newsweek reported in March 2018: ‘The United States has the strongest military in the world’…”
This is childish bragging. Even US feminists are military braggarts. That's why "toxic masculinity" does not include military boasting. "Toxic masculinity only occurs among average decent males who are just trying to survive.
How to re-establish trust in economics as a science
Economics will remain pure bullshit as long as it serves the rich at the expense of the rest. For example, consider the lies about “free markets.”
“Students all over the world are increasingly questioning if the kind of economics they are taught — mainstream economics — really is of any value. Some have even started to question if economics is a science. Two ‘Nobel laureates’ in economics — Robert Shiller and Paul Krugman — have lately tried to respond.”
Krugman is a neoliberal liar who pretends to be progressive. No “science” there.
Links on Lars Syll’s ‘How to re-establish trust in economics as a science’
What is wrong with economics? Economists! They are stupid or corrupt or both.
Why should people trust failed scientists?
https://axecorg.blogspot.com/2016/06/why-should-people-trust-failed.html
For more details see cross-references Failed/Fake Scientists
https://axecorg.blogspot.com/2015/11/failedfake-scientists-cross-references.html
Heterodoxy in general and Lars Syll, in particular, has a non-relationship with science and truth.
Economics, too, is pre-truth
https://axecorg.blogspot.com/2018/08/economics-too-is-pre-truth.html
Economics between truth and blather
https://axecorg.blogspot.com/2016/03/economics-between-truth-and-blather.html
Cryptoeconomics ― the best of Lars Syll’s spam folder
https://axecorg.blogspot.com/2018/01/cryptoeconomics-best-of-lars-sylls-spam.html
Two steps towards truth
https://axecorg.blogspot.com/2015/09/two-steps-towards-truth.html
Egmont Kakarot-Handtke
#Economics #FailedScience #FakeScience #CargoCultScience #ScientificIncompetence #Economists #DrainTheScientificSwamp #DeleteEconomics
What is wrong with economics? Economists! They are stupid or corrupt or both.
Egmont, look in the mirror.
Noah Way
How can this be that the philosopher Tom Hickey persistently promotes Lars Syll and other failed/fake scientists? Does no-one at Mike Norman Economics care about scientific standards?
This is NOT the way to “re-establish trust in economics as a science”. Just the contrary! For details see:
The Kelton-Fraud
https://axecorg.blogspot.com/2018/07/the-kelton-fraud.html
Richard Murphy: the MMT fraudster dressed up as realist
https://axecorg.blogspot.com/2018/06/richard-murphy-mmt-fraudster-dressed-up.html
MMT, Bill Mitchell, and the lack of basic scientific integrity
https://axecorg.blogspot.com/2018/08/mmt-bill-mitchell-and-lack-of-basic.html
MMT, Warren Mosler, and the little helpers from Wall Street and Academia
https://axecorg.blogspot.com/2018/10/mmt-warren-mosler-and-little-helpers.html
MMT: The one deadly error/fraud of Warren Mosler
https://axecorg.blogspot.com/2017/11/mmt-one-deadly-errorfraud-of-warren.html
MMT: Just another political fraud
https://axecorg.blogspot.com/2018/04/mmt-just-another-political-fraud.html
MMT is idiocy and fraud
http://axecorg.blogspot.com/2018/03/mmt-is-idiocy-and-fraud.html
MMT: The fusion of Wall Street and Academia
https://axecorg.blogspot.com/2018/12/mmt-fusion-of-wall-street-and-academia.html
MMT sucks
https://axecorg.blogspot.com/2018/12/mmt-sucks.html
Egmont Kakarot-Handtke
Scientific method:
1. question
2. research
3. hypothesis
4. experiment
5. analyze
6. accept / reject hypothesis
Egmont stopped at 3. He has not followed not completed the scientific method yet he spews the result of his mental masturbation with delusions of grandeur and nary a clue.
Noah Way
“Research is, in fact, a continuous discussion of the consistency of theories: formal consistency insofar as the discussion relates to the logical cohesion of what is asserted in joint theories; material consistency insofar as the agreement of observations with theories is concerned.” (Klant)
In order to refute a theory, it is sufficient to demonstrate that it is either materially or formally inconsistent.
This has been done with regard to the MMT sectoral balances equation. It holds:
False (I−S)+(G−T)+(X−M)=0 MMT,
true (I−S)+(G−T)+(X−M)−(Qm−Yd)=0 AXEC.
Because the MMT sectoral balances equation is false the whole of MMT is false. So, MMT is dead and buried like the Flat-Earth theory.
Egmont Kakarot-Handtke
Don't feed the troll.
Noah Way
This thread’s title ‘How to re-establish trust in economics as a science’ shows that Lars Syll has no idea of what science is all about. Science is NOT about trust but about proof. What has to be proved is material and formal consistency.
This never happened in economics. The main approaches ― Walrasianism, Keynesianism, Marxianism, Austrianism, MMT ― are mutually contradictory, axiomatically false, materially/formally inconsistent, and all got profit ― the pivotal concept of the subject matter ― wrong. With this pluralism of provably false theories, economics is NOT a science.
Economics is a cargo cult science: “They’re doing everything right. The form is perfect. ... But it doesn’t work. ... So I call these things cargo cult science because they follow all the apparent precepts and forms of scientific investigation, but they’re missing something essential.” (Feynman)#1
Economics lacks truth. What has to be established is truth NOT trust.
Egmont Kakarot-Handtke
#1 Economics and scientific foolishness
https://axecorg.blogspot.com/2016/10/economics-and-scientific-foolishness.html
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