Female economist (quite rightly) shows off her tits.

 


To see the tits wobbling, see here.

What really counts in economics is appearances, not substance. That is, what counts is rhetoric, fanfare, enthusiasm, showmanship, panache and in the case of female economists, legs, tits and so on. Also, fake sincerity is a winner. As the American politician said, “The important thing in politics is sincerity: if you can fake that, you’ve got it made.”

Why did MMT suddenly spring into prominence about year ago? Well it had little to do with the actual reasoning or logic set out by MMTers – after all, that’s been much the same for the last ten years at least.  It was because MMT managed to get celebrity endorsement  - from Alexandria Ocasio-Cortez to be exact.

As Lars Syll said here, most economists are not interested in reality.
 
In ancient Greece, they taught their youngsters rhetoric, not reason. Quite right. No one is interested in boring stuff like reason, logic, the facts and so on.

Here is the so called “economist” Mariana Mazzucato in full evangelical / Billy Graham mode. Wave your arms around and put on the appearance of being excited about what you’re saying, and you’ll have your audience entranced. The fact that your books are complete bullshit matters not one iota.

 
How did Hitler captivate Germans? By shouting and screaming: making it look as though he was emotionally involved in what he was saying. If he’d run for power in Britain, the British would have been equally captivated.