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.

Showing posts with label Circuit. Show all posts
Showing posts with label Circuit. Show all posts
April 8, 2026

Occasional X: Clueless economists / Science (CCXCX)

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“This dude named Carl sits in his study in 1871, probably wondering why classical economists kept insisting that labor creates value when an...
August 23, 2025

Occasional X: Clueless economists / Interest (I)

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#Economics #AllYouNeedToKnow “The 'natural rate of interest' (r) is one of the most misleading ideas in macro.” (Relearning Economic...
October 22, 2019

Criminals and the Monetary Order

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Comment on Paul Koning on ‘If Nick’s tech-fueled counterfeiting story doesn’t explain why bank IOUs beat out coins, what does?’ Twitter-Re...
June 19, 2018

The Fisher Effect ― another piece of nincompoop-economics

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Comment on David Glasner on ‘Keynes and the Fisher Equation’ Blog-Reference Roughly speaking, the Fisher Equation is about the relations...
December 12, 2016

Macroeconomics for dummies (I)

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Comment on Peter Cooper on ‘Short & Simple ― Total Spending Equals Total Income’ Blog-Reference The heteconomist Peter Cooper says: ...
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