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.

February 14, 2016

Success is the best method

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Comment on Lars Syll on ‘Why science necessarily involves a logical fallacy’ Blog-Reference  and Blog-Reference on Feb 15, adapted to con...
February 13, 2016

The unfinished Keynes (II)

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Comment on Lars Syll on ‘The most important book in the history of economics’ Blog-Reference It is trivial but worth repeating: politica...

On economists’ stupidity

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Comment on Paul Krugman on ‘On Economic Stupidity’ Blog-Reference (i) There are political economics and theoretical economics. Only the ...
February 12, 2016

Accounting for dummies

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Comment on David Ruccio/Liam on ‘Why is slow growth a problem?’ Blog-Reference You say, “This is a cost-accounting problem. Period. End ...
February 11, 2016

Have data, lack theory

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Comment on David Ruccio on ‘Why is slow growth a problem?’ Blog-Reference  and Blog-Reference Everybody knows: the economy does not func...

Economists cannot think as well as we thought

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Comment on ‘Markets Don't Work as Well as We Thought’ Blog-Reference The problem is not so much that economists do not understand ho...
February 9, 2016

Economists’ three-layered scientific incompetence

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Comment on Asad Zaman on ‘Project: A heterodox macro textbook’ Blog-Reference  and Blog-Reference Economics is a failed science. This me...
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