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.

February 11, 2021

Occasional Tweets: Brace for a profit explosion (II)

 

The 3-sector #ProfitLaw Q≡(G−T)+(I−S) implies #PublicDeficitIsPrivateProfit. More #DeficitSpendingMoneyCreation will result in a #ProfitExplosion. It's the biggest #FreeLunch for the #Oligarchy ever.
Look, how they jump on the deficit/profit bandwagonhttps://t.co/ATbT92taXu

— E.K-H (@AXECorg) February 11, 2021


The macroeconomic Profit Law in action

  • Keynes, Lerner, MMT, Trump, Biden, and exploding profit
  • Keynes, Kalecki, MMT, and the accidental invention of the perpetual profit machine
  • Keynesianism as ultimate profit machine
  • Just one more day: How deficit-spending postpones the breakdown of Capitalism
  • Look, how they jump on the deficit/profit bandwagon

For more on the Profit Law see AXECquery.

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AXEC / E.K-H at 2/11/2021 09:04:00 PM
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