MMT proponent Steve Keen is running for the Senate in Australia’s upcoming election. In these unstable times this could be an interesting event. We wish him the best of luck....Brave New Europe
Steve Keen – Australia: MMT Runs for Office
Cross-posted from Steve’s website
3 comments:
lol Keen is a debt doomsday moron…
https://www.incrediblecharts.com/economy/keen_debt_gdp.php
Australia, here we come
Comment on ‘Steve Keen ― Australia: MMT Runs for Office’
Steve Keen is too stupid for elementary algebra. Because of this, he got macroeconomic profit wrong:
Debunking Squared
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2357902
So, he is publicly known to be scientifically incompetent since 2015. This is not a big deal, though, because economics as a whole is failed/fake science. Economics never had scientific truth value but only some political use value.
And so it came that economists are for 200+ years now clowns and useful idiots in the political Circus Maximus. Steve Keen is just the latest example. He
⇒ never understood how the economy works,
⇒ recently teamed up with MMTers who promote a free-lunch agenda for the Oligarchy and the seizure of the means of production of currency,
⇒ is an EconBlocker. These folks violate the Code of Professional Conduct with the silent consent of their national economic societies who set up these codes but never enforce them.#1
After playing the role of “one of the world's leading economists” (V. Kline on Twitter) for some years, Steve Keen now gets a new assignment: “Australia, you are going to be in a very good hand”.
Egmont Kakarot-Handtke
#1 Economics is not a science, economists are not scientists ― after 200+ years nobody needs more proofs
https://axecorg.blogspot.com/2021/09/occasional-tweets-economics-is-not.html
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