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INSTITUTE FOR APPLIED KEKONOMICS · RESEARCH

Research

Peer-reviewed* analysis at the intersection of meme theory, attention economics, and digital absurdity.

*peer-reviewed by the internet
EXHIBIT 4 · AXIOMS

The 7 Laws of Kekonomics

Kekonomics operates under a set of laws that, although you might call them absurd, are essential to its functioning. These laws govern attention, value creation, and the very flow of digital economies.

I

Meme Magic Is Real

Memes have the power to influence reality. What starts as a joke can have unexpected, real-world consequences.

EVIDENCE GameStop Stock Rally (2021) Reddit users on r/WallStreetBets turned memes into a short squeeze that cost hedge funds billions.
“Just meme harder; reality bends if you believe.”
II

Chaos Breeds Creativity

Where order falls short, new ideas emerge. The greatest innovations come from the most unpredictable, chaotic circumstances.

EVIDENCE EtherRock A pixelated image of a rock sold for $1.3 million as an NFT. The chaos of the NFT market birthed an entirely new creative economy.
“Don't overplan; just do random stuff until you're a genius.”
III

Irony Is the Highest Form of Truth

The world is so absurd that only irony can truly reflect its nature. What is presented as a joke can reveal deep truths.

EVIDENCE Elon Musk's "420 Funding Secured" tweet (2018) A joke that triggered an SEC investigation and demonstrated that irony and markets are inseparable.
“Just kidding, unless?”
IV

Everything Is a Meme, Everyone Is an NPC

Ideas, culture, and even people can be reduced to memes. Those who don't see the meme remain Non-Player Characters.

EVIDENCE NPC TikTok Trend (2023) People livestreamed acting like NPCs, repeating phrases for donations. The absurdity highlighted how routines make us all NPCs.
“Press F to pay respects to your NPC life.”
V

The Law of Kek: What Laughs Shall Lead

What initially seems funny can have serious consequences. The power of humor and satire can be both constructive and destructive.

EVIDENCE Boaty McBoatface (2016) A public poll for naming a research vessel became a case study in collective humor overriding institutional authority.
“Just laugh; the world will follow. No pressure.”
VI

Degenerate to Evolve

Progress sometimes requires dismantling. By disrupting the current structure, you make room for something new and better.

EVIDENCE Elon Musk's acquisition of Twitter (2022) Chaotic, destructive, controversial. And yet, it forced every platform to rethink content moderation and governance.
“Burn it down, build it worse, repeat until freedom.”
VII

Posting Is Sowing, Shitposting Is Reaping

Every post is a seed planted in the chaos of the internet. Shitposts are the wild fruits, capable of causing unexpected cultural change.

EVIDENCE Dogecoin What started as a joke cryptocurrency reached a market cap of $80 billion. Your shitpost is someone's business plan.
“Farm those shitposts; it's harvest season, baby.”
EXHIBIT 5 · SOURCES

Foundational Literature

The following works form the intellectual backbone of Kekonomics. We didn't make this up. Well, we did. But these people explained why it works.

1962
STEP 1 · THE EVENT IS STAGED TO BE REPORTED

The Image

Daniel J. Boorstin
Media Sociology

Boorstin coined the pseudo-event: a happening that exists only so it can be covered. Press conferences, photo opportunities, product launches. Sixty years later it walks on stage holding a chainsaw.

1967
STEP 2 · LIFE BECOMES REPRESENTATION

The Society of the Spectacle

Guy Debord
Critical Theory

Debord argued that authentic social life has been replaced by its representation. Replace "spectacle" with "timeline" and you have the attention economy. He was right and he was early.

1981
STEP 3 · THE COPY LOSES ITS ORIGINAL

Simulacra and Simulation

Jean Baudrillard
Seminal Text

The original framework for understanding copies without originals. Every meme is a simulacrum — detached from reality, yet shaping it. Baudrillard predicted meme culture forty years early.

1985
STEP 4 · POLITICS BECOMES ENTERTAINMENT

Amusing Ourselves to Death

Neil Postman
Media Criticism

Postman warned that public discourse would take the form of television: short, visual, entertaining, and unable to sustain an argument. He was describing the evening news. He also described the timeline.

Twenty-four years pass. The internet happens.
2009
STEP 5 · CRITIQUE IS ABSORBED IN ADVANCE

Capitalist Realism

Mark Fisher
Cultural Theory

Fisher described a world in which it is easier to imagine the end of the world than the end of capitalism. Critique arrives pre-packaged as product; he called it precorporation. Every ironic meme about late capitalism is evidence. So is this website.

2010
STEP 6 · IRONY AND SINCERITY COLLAPSE INTO EACH OTHER

Notes on Metamodernism

Timotheus Vermeulen & Robin van den Akker
Metamodern Framework

The oscillation between sincerity and irony that defines our era. Kekonomics exists in this exact tension: the joke is real, the analysis is satirical, and both are true.

2011
STEP 7 · FICTION MAKES ITSELF REAL

Fanged Noumena

Nick Land
Accelerationist Theory

Speculative philosophy at its most unhinged. Land's concept of hyperstition — fictions that make themselves real — is literally the mechanism behind meme magic. Law I, proven.

2016
STEP 8 · PLATFORMS COLLECT THE VALUE
2017
STEP 9 · IRONY BECOMES IDEOLOGY

Kill All Normies

Angela Nagle
Cultural Analysis

An examination of how online culture wars shaped politics. Nagle mapped the terrain where irony became ideology and shitposting became praxis. Essential field research.

2019
STEP 10 · BEHAVIOUR BECOMES RAW MATERIAL

The Age of Surveillance Capitalism

Shoshana Zuboff
Political Economy

Zuboff showed how platforms harvest behavioural data and sell predictions of what users will do next. Every laugh is logged. The Kek Composite Index on our homepage does the same thing, for free.

2024
STEP 11 · THE JOKE BECOMES THE INFRASTRUCTURE

Kekonomics

The Institute for Applied Kekonomics is established. The steps above are combined into a single model, and the model is put to work.

See the model →

Compiled by the Institute for Applied Kekonomics. Every work on this list is real, and every one of them warned about something this website now does.