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.

July 5, 2022

Occasional Tweets: Supply-demand-equilibrium ― the call for mathematical and visual alternatives

 

#Economics#FailedScience#FakeScience

There is NO such thing as supply-demand-equilibriumhttps://t.co/187XlJsNrO#Reset#ParadigmShift#NewParadigm#Macrofoundations

— E.K-H (@AXECorg) July 5, 2022

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Supply and Demand

  • Econ 101: Supply-Demand-Equilibrium is dead for 150+ years
  • Econ 101: Economists flunk the intelligence test at the first hurdle
  • The monstrous utility-supply-demand-equilibrium failure
  • Supply-demand-equilibrium ― employment theory as an example of proto-scientific soap bubbling
  • There is NO such thing as supply-demand-equilibrium
  • Why you should NEVER use supply-demand-equilibrium
  • Bang — the representative economist and supply-demand-equilibrium are dead
  • The Law of Supply and Demand: here it is finally
  • How to Get Rid of Supply-Demand-Equilibrium
  • Primary and Secondary Markets
  • The logical interface between objective macrofoundations and subjective valuations
AXEC / E.K-H at 7/05/2022 03:46:00 PM
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