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.

July 6, 2015

Beware of the 9th circle

Comment on Paul Schächterle on ‘In Greece, NO is the answer’ Blog-Reference (i) I agree about the “unfortunate way that neoclassical eco...

True/false is different from good/bad

Comment on merijnknibbe on ‘In Greece, NO is the answer’ Blog-Reference Yes, the Classics called themselves political economists. But at...

A lesson for Heterodoxy

Comment on merijnknibbe on ‘In Greece, NO is the answer’ Blog-Reference There have been two essentially different, although intertwined,...

July 4, 2015

An exercise in futility

Comment on Mark Thoma on ‘Stability of a Market Economy’ Blog-Reference You correctly say that it is a belief that the market system is ...

All economists together now: Solow’s Swan Song

Comment on Bruce Edmond on ‘Economic Value is NOT Price’ Blog-Reference The wonderful thing about economists of all shades is that the o...

July 3, 2015

It's about institution-building, stupid

Comment on Michael Hudson on ‘Finance as Warfare’ Blog-Reference Finance has not necessarily much to do with warfare — but it can if thi...

From economics to politics to idiocy

Comment on merijnknibbe on ‘Breaking: ECB states that Euro is reversible and not irrevocable’ Blog-Reference Remember how it all started...

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