AXEC: New Foundations of Economics

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.

February 7, 2021

Occasional Tweets: Clueless economists / Inflation (I)

 

#LearnEconomics

Settling the MMT―Inflation issue for goodhttps://t.co/zdXoWYF4IQ

Links on the Phillips Curvehttps://t.co/0yuibAGZDZ

— E.K-H (@AXECorg) February 7, 2021

 


Inflation

  • Reminder on inflation
  • Settling the MMT―Inflation issue for good
  • Dear idiots, government deficits do NOT cause inflation
  • MMT: Distribution is the drawback NOT Inflation
  • Economics as tireless production of proto-scientific garbage: inflation theory as an example
  • How to get rid of inflation and deflation
  • MMT and the inflation-red-herring
  • Gov-Deficits do NOT cause inflation
  • How some MMTers got inflation wrong
  • Inflation: back to basics
  • A la recherche de l'inflation perdue
  • Forget Friedman, forget the Quantity Theory
  • Attention: there are THREE types of inflation
  • How Wicksell and the rest got inflation/deflation wrong
  • Macroeconomic Law of Supply and Demand

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Wikimedia AXEC64 Objective determinants of the macroeconomic price in the elementary production-consumption economy


Legend: P price, ρE expenditure ratio, W wage rate, R productivity, ρD distributed profit ratio.


For more about inflation see AXECquery.

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Twitter May 20

AXEC / E.K-H at 2/07/2021 05:55:00 PM
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