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 zNME. Show all posts
Showing posts with label zNME. Show all posts
February 7, 2019

Thinking about economic policy for future PM Corbyn

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Comment on Richard Murphy on ‘The political economy of Labour’s fiscal rule’ Blog-Reference What is the unique selling proposition of MM...
September 12, 2018

Forget mainstream economics, scrap MMT, move on to the new Paradigm

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Comment on Bill Mitchell on ‘The divide between mainstream macro and MMT is irreconcilable ― Part 2’ Blog-Reference  and Blog-Reference  a...
February 19, 2017

NAIRU does not exist because equilibrium does not exist

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Comment on Lars Syll on ‘Debunking the NAIRU myth’ and on Brian Romanchuk on ‘NAIRU Should Be Bashed, Smashed, And Trashed’ Blog-Reference...
November 6, 2016

Unemployment is high because economics is false

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Comment on “Battling Unemployment: A Clear Win for the ‘Cycs'” Blog-Reference  and Blog-Reference on Jan 10, 2017, adapted to context...
April 14, 2015

Reduced-form bricolage and sticky brains

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Comment on Stephen Williamson on ‘Sticky Prices, Financial Frictions, and the Ben Bernanke Puzzle’ Blog-Reference Stephen Williamson can...
March 25, 2015

Kaput toys

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Comment on Nick Rowe on ‘Wren-Lewis Takes a Stab at It’ Blog-Reference You write: “Firms are worker-owned cooperatives, so we don...
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