The First Economic Law is shown on Wikimedia AXEC06 and it connects the fully integrated business sector, the household sector, the market, and the income distribution (2014, eq. (12)):
From the First Economic Law, which holds for one period, follows the Economics God Equation which embodies the open stochastic simulation of the elementary production-consumption economy from period t=0 to infinity. See Wikimedia AXEC25:
All models that are not formally compatible with the systemic macrofoundations are provably false and therefore unacceptable.
Kakarot-Handtke, E. (2012). Keynes’ Employment Function and the Gratuitous Phillips Curve Disaster. SSRN Working Paper Series, 2130421: 1–19. URL
Kakarot-Handtke, E. (2014). The Synthesis of Economic Law, Evolution, and History. SSRN Working Paper Series, 2500696: 1–22. URL