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.
April 29, 2026
Occasional X: The futile attempt to recycle MMT (CXCIX)
“The free market economy uses money, which is in fact a public monopoly.” (Megas Alexandros)
You understand nothing. To begin with, there are two monies: Central Bank money and Commercial Bank money.