Overview

Because economics is a failed science, economic policy guidance has never had sound 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 proto-scientific garbage and who intends to effectively support the Legitimate Sovereign in realizing the Good Society.

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9783751946490

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Egmont Kakarot-Handtke is the founder of 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 ten years ago with the unassailable mathematical proof that Keynesian macroeconomics is false. EKH claims that (i) the representative economist is scientifically incompetent, (ii) the AXEC axiom set fully replaces the premises of orthodox and heterodox economics, (iii) all approaches prior to the textbook Sovereign Economics are scientifically buried for good at the flat-earth-cemetery.

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