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.

January 31, 2012

Taxes, profits, and employment: a structural axiomatic analysis {26}

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Working paper at SSRN Working paper at ARCHIVE Abstract  Standard economics is regarded as the theory of the market system. Profit is the...
December 18, 2011

The emergence of profit and interest in the monetary circuit {25}

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Working paper at SSRN Working paper at ARCHIVE Abstract  Efficient progress of the monetary theory of production (MTP) is hampered by an ...
December 12, 2011

Trade, Productivity, Income, and Profit: The Comparative Advantage of Structural Axiomatic Analysis {24}

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  Working paper at SSRN Working paper at ARCHIVE Abstract The classical case of comparative advantage is put into a new formal framework, t...
November 30, 2011

Why Post Keynesianism is not yet a science {23a}

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Working Paper at SSRN Working paper at ARCHIVE Abstract   In a programmatic article Alfred Eichner explained, from a Post Keynesian perspe...
November 3, 2011

The value of water and diamonds: back to square one {22}

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Working paper at SSRN Working paper at ARCHIVE Abstract  Taking the water—diamond paradox as a time-honored challenge, at first the struc...
October 21, 2011

Matter matters: productivity, profit, and non-marginal factor prices {21}

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Working paper at SSRN Working paper at ARCHIVE Abstract  Tastes and technology are the ultimate givens of standard economics. Their inter...
October 12, 2011

The Propensity Function as general formalization of Economic Man/Woman {20}

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Working paper at SSRN Working paper at ARCHIVE Abstract   The present paper demonstrates how the interaction of the structural axiomatic c...
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