#LearnEconomics
— E.K-H (@AXECorg) October 25, 2023
From the macroeconomic #LawOfSupplyAndDemand ↓ the intelligent layperson can immediately conclude that #Deflation (P down) occurs under the condition of market clearing if the increases of the avg #WageRate W are lower than increases of avg #Productivity R. pic.twitter.com/kyM88odLBY
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.