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 / Macrofoundations

 

#Economics#FailedScience

Did it never occur to you that the macroeconomic models you have been fed with are plain proto-scientific garbage?

Macroeconomics: Economists are too stupid for sciencehttps://t.co/vTNWwrNUxA#DefundEconomics #FireEconomists #ScrapTheLot

— E.K-H (@AXECorg) February 6, 2021


Macrofoundations

Keynes messed up macroeconomics 80+ years ago but After-Keynesians have not realized anything to this day.

  • How Keynes messed up macrofoundations
  • Too stupid for the elementary algebra of macrofoundations
  • Get it econ suckers: behavioral microfoundations ⇒ false, systemic macrofoundations ⇒ true
  • Profit and macrofoundations
  • From false microfoundations to true macrofoundations (II)
  • From false microfoundations to true macrofoundations (I)
  • Redefining economics
  • True macrofoundations: the reset of economics
  • Keynesian macrofoundations are defective
  • End of confusion
  • From microfoundations to macrofoundations
  • Profit: The most powerful formula of economics
  • The GDP-death-blow for the economics profession

Wikimedia AXEC121i

AXEC / E.K-H at 2/07/2021 05:40:00 PM
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