Fallacies of Both Neoclassical and Marxist Economists

We group the fallacies and sophistries by shallow economists or people who write about Economics whether Capitalist or Marxist

Pinned

The Market Equilibrium Fallacy Part 1

How Economics Leads to Crises

The Market Equilibrium Fallacy Part 1

The Market Equilibrium Fallacy Part 2

How Economics Leads to Crises

The Market Equilibrium Fallacy Part 2

The Inelastic Supply Curve Sophistry

The Inelastic Supply Curve Sophistry

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Time Banking Versus Points Banking

Time Banking Versus Points Banking

Money is Not Credit

Money is Not Credit

Keynesian Economics is Socialism for Wall Street

Keynesian Economics is Socialism for Wall Street

The Fallacy of Georgism

The Fallacy of Georgism

The Different Notions of Interest Rates

How Keynes Messed-up Things

The Different Notions of Interest Rates

The Resource Based Economy

Why The Venus Project Will Never Be Realized

The Resource Based Economy

Ricardo's Labor Theory of Value

Chapter 1: On Value, Section 1

Ricardo's Labor Theory of Value

Law of Supply and Demand Fallacy

Mankiw is wrong

Law of Supply and Demand Fallacy

Profit Maximization is Absurd

Why is there no rent and wage maximization in Economics?

Profit Maximization is Absurd

Simple Say's Law

Why the Production Motive is bad

Simple Say's Law

Karl Marx vs Adam Smith

Opposing Labor Theories of Value

Karl Marx vs Adam Smith

The Iron Law of Wages of David Ricardo

See What's Wrong With It

The Iron Law of Wages of David Ricardo

The Problem with PROUT

The Problem with PROUT

The Origins of Laissez Faire

The Origins of Laissez Faire

The Marshallian Supply and Demand Fallacy

The Marshallian Supply and Demand Fallacy

The Fallacy of the Steady State Economy

Clearing Up Adam Smith's 200-year Limit

The Fallacy of the Steady State Economy