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.

August 26, 2011

Primary and secondary markets {15a}

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Working paper at SSRN Working paper at ARCHIVE Abstract  This paper swaps the standard behavioral axioms for structural axioms and applie...
August 18, 2011

Squaring the Investment Cycle {14}

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  Working paper at SSRN Working paper at ARCHIVE The present paper replaces the standard behavioral axioms by structural axioms and applies ...
August 8, 2011

Uniform profit ratios {13}

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Working paper at SSRN Working paper at ARCHIVE Abstract  The equalization of profit rates as the outcome of free competition is one of th...
August 2, 2011

Reconstructing the Quantity Theory (II) {12}

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  Working paper at SSRN Working paper at ARCHIVE Part I and II of the present paper reconstruct the quantity theory from structural axiomati...
July 26, 2011

Reconstructing the Quantity Theory (I) {11}

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  Working paper at SSRN Working paper at ARCHIVE The quantity theory is disjunct to the hardcore of general equilibrium theory. It does not ...
July 14, 2011

Unemployment out of nowhere {10}

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Working paper at SSRN Abstract  Unemployment is usually explained with reference to the equilibrium of supply and demand in the labor mar...
June 22, 2011

Exploitation and its unintended outcomes: an axiomatic view of Marx's surplus value {09}

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Working paper at SSRN Working paper at ARCHIVE Abstract  The present paper scrutinizes the logical foundation of Marx's dialectic anal...
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