#Economics#AllYouNeedToKnow
— AXEC (@EgmontHandtke) April 1, 2025
“Taxes dont fund the fucking state you div The state is a fiat currency issuer, it creates new £s, new purchasing power, taxes destroy pp.” (Phil Waller)
The free-market economy runs on profit. Macroeconomic #Profit Qm is given by the axiomatically… pic.twitter.com/NMNUVeizjs
AXEC: New Foundations of Economics
This blog connects to the AXEC Project which applies a superior method of economic analysis. The following comments have been posted on selected blogs as catalysts for the ongoing Paradigm Shift. The comments are brought together here for information. The full debates are directly accessible via the Blog-References. Scrap the lot and start again―that is what a Paradigm Shift is all about. Time to make economics a science.
April 1, 2025
Occasional Xs: How it works (CCCXLXI)
Occasional Xs: What economists really do (CDXLIV)
#Economics#AllYouNeedToKnow
— E.K-H (@AXECorg) April 1, 2025
“This was a clean vote, democracy works!” (RelearningEcon)
Economics claims to be Science. But Science is about true/false and NOT about like/dislike or democracy. The fact is, economists are still unfit for science. pic.twitter.com/EC7EyDZPEN
March 31, 2025
Occasional Xs: The futile attempt to recycle MMT (CXLXI)
#Economics#AllYouNeedToKnow
— E.K-H (@AXECorg) March 31, 2025
“It's true that some MMTers are more 'socialist' than others but MMT itself is not ideological …” (Richard Phillips)
MMT is practical money-making for WeTheOligarchy ⇒
Dear idiots, MMTers are Wall Street’s agenda pushershttps://t.co/WGuiYhKXI5 pic.twitter.com/yXu0UxSltP
March 30, 2025
Occasional Xs: The foul spirit of political economics (CXXX)
#Economics#AllYouNeedToKnow
— AXEC (@EgmontHandtke) March 30, 2025
For 200+ years, economics claims to be Science but is NOT. The major approaches (Walrasianism, Keynesianism, Marxianism, Austrianism, and their derivatives) are mutually contradictory & axiomatically false & materially/formally inconsistent & ALL got… pic.twitter.com/AkQiPo51ch
March 29, 2025
Occasional Xs: The futile attempt to recycle Paul Samuelson (II)
#Economics#HallOfShame
— AXEC (@EgmontHandtke) March 29, 2025
Your “office colleague … who is basically a walking encyclopedia of economic theory knowledge” seems not to have realized that Paul Samuelson NEVER understood #Profit and how the economic system works. That's rather bad for an economist. For details see…
Occasional Xs: The foul spirit of political economics (CXXIX)
#Economics#AllYouNeedToKnow
— AXEC (@EgmontHandtke) March 29, 2025
“Happy birthday Prof. Steve Keen. We owe you. We love you.” (Shahin Ashkiani )
For 200+ years, economics claims to be Science but is NOT. The major approaches (Walrasianism, Keynesianism, Marxianism, Austrianism, and their derivatives) are mutually… pic.twitter.com/C7YkUyk9jJ
Occasional Xs: The foul spirit of political economics (CXXVIII)
#Economics#AllYouNeedToKnow
— AXEC (@EgmontHandtke) March 29, 2025
“I heard a lot about sensorship and self-sensorship among academics. But, until this year, I have never seen it in reality among the economists. Academic economists, at least those that I know, felt comfortable experessing publicly their opinions on… pic.twitter.com/nUm4W0cqCB