#Economics#AllYouNeedToKnow
— AXEC (@EgmontHandtke) August 4, 2025
“System dynamics models do not require or assume equilibrium. They explicitly model the processes of adjustment—often long, delayed, and unstable—that shape real systems.” (John Sterman)
Yes, dear Relearning crowd, this has already been done. It's…
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.