“Grok does not agree, nor do I.” (RFB) Too bad for Grok. This blunder will send the stock price down the sink hole. AI/Grok has been trained on legacy economics. Accordingly, it brings back all the crappy slogans we have heard ad nauseam from the silly members of a failed/fake science. AI, too, works according to the garbage-in-garbage-out principle. For example: “It [economics] is not a classical natural science.” You cannot be more tautological. “The subject matter itself sets hard limits that physics does not face.” Yeah, that's one of the oldest excuses for incompetence. When economists are ridiculed for not having achieved anything of scientific value since Adam Smith, they retort with the Cobden excuse: “Years ago I heard Mr. Cobden say at a League Meeting that ‘Political Economy was the highest study of the human mind, for that the physical sciences required by no means so hard an effort.’” (Bagehot, 1885) Note the sick logic: science is what physicists do, but economics “falls short of the classical natural-science ideal for structural reasons.” Trivially true, but irrelevant. Scientific standards are defined independently of physics: “Research is, in fact, a continuous discussion of the consistency of theories: formal consistency insofar as the discussion relates to the logical cohesion of what is asserted in joint theories; material consistency insofar as the agreement of observations with theories is concerned.” (Klant, 1994, 31) Fact is that economics has been materially/formally inconsistent since the Founding Fathers. Economics has defined itself as a social science and accordingly has been based on subjective/behavioral assumptions/axioms. This is the methodological ur-mistake. Grok does not realize it, but repeats the foundational error. The major approaches (Walrasianism, Keynesianism, Marxianism, Austrianism, and their derivatives) are mutually contradictory, axiomatically false, and materially/formally inconsistent. They all got profit wrong. When the subject's foundational concepts are inconsistent, the entire analytical superstructure is scientifically worthless. Economics is failed/fake science, but Grok doesn't realize anything. The minimum requirement in science is logical consistency. Economists never rose above confused blather. As far as an approach is formalized, economists apply the wrong math. Grok has been trained on the wrong stuff, and never realized anything (⇓ AXEC 136j). Retry the exercise with the cross-references Failed/Fake Scientists https://t.co/f98ujAER8Q Scientific Incompetence https://t.co/uiyfRTZ3IL Proto-Science/Cargo Cult Science/Fake Science https://t.co/Kf9k12pnai
— AXEC (@EgmontHandtke) October 26, 2026
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.