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.

April 27, 2026

Occasional X: The foul spirit of political economics (CCLXXXV)

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'If Austrians understood economics, they wouldn't be Austrians.' Austrians never understood profit and, by consequence, how the ...

Occasional X: AI — boosting scientific competence in economics (XV)

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“We are working with a national-accounts concept of operating surplus/mixed income, which is standard in income decomposition.” (James Young...

Occasional X: The futile attempt to recycle Austrianism (XCIII)

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“Collapse for Javier Milei in opinion polls. His approval is just at 33 percent and more than 60 percent disapprove of his tenure.” (Thomas ...

Occasional X: The futile attempt to recycle behavioral economics (XVI)

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  “all these people saying they’d risk their lives for the social good yet not even 10k could give this guy a heart for providing the discu...

Occasional X: Profit and workers’ share (II)

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The “Kalecki–Young Sectoral Inflation Decomposition (KYSID)” is provably false for one simple reason: the definitions below ⇓ of profit shar...
April 26, 2026

Occasional X: AI — boosting scientific competence in economics (XIV) / DeepSeek

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Dear DeepSeek, The following post on my blog is a copy of an economics dialogue on X. It is a double-refutation of both macroeconomics and G...

Occasional X: The futile attempt to recycle Keynesianism (XCIX)

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“Reading his masterful biography of Keynes was a formative experience during my economics studies. This work—along with some of his other wr...
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