Sovereign Economics
Basics
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Beschreibung
Right policy depends on true theory
Because economics is a failed science, economic policy guidance has never had valid foundations. This applies to left/center/right economic policy. More generally, this applies to capitalism and communism, and everything in between. To overcome the pluralism of provably false approaches a Paradigm Shift is imperative. This means practically "Scrap the lot and start again". (J. Robinson) Sovereign Economics is the first comprehensive introduction to the new Paradigm. The present textbook provides the scientifically valid foundations of economic policy. So, Sovereign Economics is for the student of economics who is fed up with 200+ years of failed/fake science and intends to effectively support the Legitimate Sovereign in realizing the Good Society.
The profit theory has been inconsistent since Adam Smith. Economists have failed to capture the essence of the market system. A Paradigm Shift is imperative. AXEC makes it.
Autor*in
Egmont Kakarot-Handtke
Egmont Kakarot-Handtke founded the AXEC Project, whose objective is the Paradigm Shift in economics. He studied at the Ludwig Maximilian Universität in Munich, has extensive practical experience in banking, and is a former member of the major professional associations from the Royal Economic Society to the Verein für Socialpolitik to the American Economic Association. The AXEC Project started in 2011 with the unassailable mathematical proof that Keynesian macroeconomics is false. E.K-H claims that (i) the representative economist is scientifically incompetent, (ii) the AXEC axiom set fully replaces the premises of orthodox and heterodox economics, and (iii) all approaches before the textbook Sovereign Economics are scientifically unacceptable.
Themen in »Sovereign Economics«
Economics Theoretical economics Paradigm Shift Macrofoundations axiomatization