#Economics#AllYouNeedToKnow
— AXEC (@EgmontHandtke) December 6, 2025
“In a dynamic general equilibrium model, …” (d'Avernas et al.)
This half-sentence says all about hopeless legacy economics.
For the basics of the consistent monetary theory, see
The Dark-Matter Theory of Fiat Money {78a}https://t.co/x4NOcsD9Cq
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.