#Economics#AllYouNeedToKnow
— AXEC (@EgmontHandtke) November 17, 2025
Both Kalecki and Godley dug at the right site, but not deep enough.
Kalecki was a failed/fake economist because he got the fundamental concept of the subject — profit — wrong. ⇓ This is long known. For details, see
Kalecki got it wrong, Allais got… pic.twitter.com/bADEBJFL81
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.