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.

October 27, 2025

Occasional Xs: Clueless economists / Science (CCXVI)

#Economics #AllYouNeedToKnow “Different people will have different strategies. Different motivations. Different emphases. That's not wea...

Occasional Xs: The foul spirit of political economics (CLX)

#Economics #AllYouNeedToKnow “We need to be more modest when it comes to what we can possibly know.” (Tyler Cowen) A lack of modesty is not ...

Occasional Xs: The futile attempt to recycle MMT (CLXIX)

#Economics #AllYouNeedToKnow Economics is failed/fake science. This includes MMT. The representative economist is not, and never has been, a...

AI: boosting scientific competence in economics (IV)

Dear Deepseek, which of the following #Profit definitions is scientifically true? Smith: Wages, profit, and rent are the three original sou...

Occasional Xs: How it works (CDIV)

#Economics #AllYouNeedToKnow “$92 BILLION conjured from nothing. Debt at 230% of GDP .. the highest in human civilization. The Bank of Japan...

October 26, 2025

Occasional Xs: Clueless economists / Multiplier (I)

#Economics #AllYouNeedToKnow Keynesianism is utter proto-scientific garbage. Here is the consistent macrofounded version. Advancing to the c...

Occasional Xs: The foul spirit of political economics (CLIX)

#Economics #AllYouNeedToKnow “Es sieht einfach überhaupt nicht gut aus… / It just doesn't look good at all...” (Veronika Grimm) Veronika...

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