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 1, 2015

What economists need now: the correct theory

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Comment on Paul Davidson Blog-Reference In my papers I have quoted you saying: “..., before accepting the conclusions of any economist’...

No idealization, only misunderstanding and misconstrual

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Comment Lars Syll on 'The Invisible Hand ― a brilliant idealization proved wrong by reality' Blog-Reference For Adam Smith, the ...

Economists do not solve problems, they are the problem

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Comment on Lars Syll on 'Economists ― not mathematics ― solve economic problems' Blog-Reference It is widely known that the repr...

Economic theory — as false as ever

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Comment on Peter Temin, David Vines, Lars Syll on ‘ 'Keynes  —  more important than ever' Blog-Reference You write: “We show how...

The axiomatic method is impeccable

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Comment on Lars Syll on 'Debreu and the Bourbaki delusion of deductive-axiomatic economics' Blog-Reference Alan Kirman gives an ...

You have the data, here is the Employment Law

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Comment on Marc Lavoie/Engelbert Stockhammer/Lars Syll on 'Wage-led growth' Blog-Reference You write: “The most recent empirical...

Kalecki: the man who missed it by a hair's breadth

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Comment on Lars Syll on 'Kalecki on wage-led growth' Blog-Reference Kalecki addressed two important questions: (i) the relation...
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