#Economics#AllYouNeedToKnow
— AXEC (@EgmontHandtke) December 3, 2025
“Macro without microfoundations needs to be expelled from the field.” (Sid Gundapaneni)
Actually, legacy microfoundations need to be expelled from the field.
Modern economics is, what Feynman called, a cargo cult science. Real economists are not… pic.twitter.com/PUd97myYLo
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.