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.

May 2, 2015

Walras is long gone

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Comment on Lars Syll on ‘On the irrelevance of general equilibrium theory’ Blog-Reference Let me start with your summary. You [Ezra Dava...
May 1, 2015

What are the alternatives?

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Comment on Lars Syll on ‘On the irrelevance of general equilibrium theory’ Blog-Reference You [Ezra Davar] ask "Is Input-Output Anal...
April 30, 2015

Rubberneck's reality

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Comment on Asad Zaman on ‘Gödel’s theorems and the limits of reason’ Blog-Reference In his paper ‘Understanding the problems of mathemat...

Essentials of Constructive Heterodoxy: behavior {72}

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Working paper at SSRN Abstract  For a host of compelling methodological reasons, homo oeconomicus has to be replaced. This is consensus,...

Essentials of Constructive Heterodoxy: institutions {71}

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Working paper at SSRN Abstract   What do economists understand about the economy if they do not understand the profit phenomenon? Next to ...
April 27, 2015

Make no mistake: there can be only one true theory

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Comment on Simon Wren-Lewis on ‘Received wisdom in macroeconomics’ Blog-Reference Once upon a time in Vienna, what set Popper's youn...

The synthesis of institution and math

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Comment on Lars Syll on ‘Wicksell on the use of mathematics in economics’ Blog-Reference Heterodoxy is not merely critical of Orthodoxy ...
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