-
Recent Posts
- Stagflation or Price Stability
- Capitalism, Wealth Inequality and Systemic Plunder
- Australian Pension Reform Jumps the Shark, Jumps the Gun
- Economic Pluralism and Science
- Scientific Economics: Review of Progress
- Helicopter Money in Operation
- How Much Capitalism?
- Keynesian Black Holes
- Fiscal Stimulus of Consumption
- Corporate Socialism and Hollowing of America
Recent Comments
- admin on Stagflation or Price Stability
- Jeff Z on Capitalism, Wealth Inequality and Systemic Plunder
- admin on Capitalism, Wealth Inequality and Systemic Plunder
- David Chester on Capitalism, Wealth Inequality and Systemic Plunder
- David Chester on Why this blog
- admin on Keynesian Black Holes
- admin on Australian Pension Reform Jumps the Shark, Jumps the Gun
- admin on Helicopter Money in Operation
- joe bongiovanni on Helicopter Money in Operation
- admin on Helicopter Money in Operation
- admin on Scientific Economics: Review of Progress
- admin on Keynesian Black Holes
- admin on Helicopter Money in Operation
- admin on Helicopter Money in Operation
- admin on Pluralism of Cognitive Dissonance
Subscribe to Blog via Email
Archives
Categories
Meta
Category Archives: Econoclasm
Critiques of economic sacred cows and religious gurus
Economic Pluralism and Science
To be useful, constructive criticism should be given to the person expressing the erroneous ideas. Â However, the blog editor of Real-World Economic Review (RWER), who is a leader and protagonist in the movement for economic pluralism, has refused to publish … Continue reading →
Keynesian Black Holes
The previous post suggests that the US economy may be in a Keynesian black hole. Many other countries around the world are also likely to be in Keynesian black holes. The danger is that the larger black holes will cannibalize … Continue reading →
Fiscal Stimulus of Consumption
The global financial crisis (GFC) has been in temporary recess since its break in 2008, but has recently metastasized into a more dangerous form. Extreme real-time experiments are being forced on many economies without sufficient scientific justification. The extreme measures, … Continue reading →
Pluralism of Cognitive Dissonance
Pluralism is the enemy of science. At any given time, science deals only with a single most correct theory in any particular domain, not with multiple incorrect theories. There is a huge difference between evaluating many new ideas and the … Continue reading →
Keynesian Fallacy and Collapse
One of the first posts of this blog describes the potential for a Keynesian economic collapse due to persistent policy application, over decades, of the Keynesian fallacy. The fallacy originated from simple mathematical errors in Keynes’ General Theory which have … Continue reading →