“According to Greg Ip, in the US economy today, 'rewards are going disproportionately toward capital instead of labor. Profits have soared since the pandemic. The result: Capital is triumphant, while the average worker ekes out marginal gains.'” (Michael Pettis)
— AXEC (@EgmontHandtke) February 11, 2026
Michael Pettis… pic.twitter.com/flPU2mXmsG
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.