#Economics#Profit
— E.K-H (@AXECorg) August 28, 2024
“The disdain of profit is due to ignorance, …” (Friedrich Hayek)
The scientific fact is that economists do not understand to this day what #Profit ― the foundational concept of the subject matter ― is. This is like physics before the concept of energy was… pic.twitter.com/8MstNMTrsv
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.