“Emergencies’ have always been the pretext on which the safeguards of individual liberty have been eroded.” (Friedrich Hayek)
— AXEC (@EgmontHandtke) April 21, 2026
This might be true or false, but it's not economics.
Friedrich Hayek never understood profit and, by logical consequence, how the economic system works.…
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.