GhostOnTheHalfShell on Nostr: #mmt I have one big critique of economists: it's the absurdity and questionable ...

#mmt

I have one big critique of economists: it's the absurdity and questionable analytical results arrived upon _depending_ on where analysis starts in the system.

What ecologist demands a description of a bug's life cycle _must_ begin at one stage of their life cycle, and that the model constructed *depends on that choice*? Which comes first, the aphid or its egg?

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https://www.cambridge.org/core/books/monetary-theory-of-production/A813BE586E79CDF0DE7C3D930DBF632F