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.

September 20, 2016

No future for axiomatically false economics

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Comment on Narayana Kocherlakota on ‘How to Build a Better Macroeconomics’ Blog-Reference  and Blog-Reference on Sep 22 adapted to contex...
September 19, 2016

Critique is good, refutation is better, Paradigm Shift is best

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Comment on Lars Syll on ‘Why critique in economics is so important’ Blog-Reference  and Blog-Reference on Sep 22 It is long known that ...
September 18, 2016

From subjective weighing of motives to objective systemic properties

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Comment on Merijn Knibbe on ‘Insider critiques of neoclassical macro models’ Blog-Reference It is long known that DSGE is a failed appro...

The trouble with economics prizes

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Comment on Simon Wren-Lewis on ‘Economics, DSGE and Reality: a personal story’ Blog-Reference The trouble with economics prizes begins h...
September 17, 2016

Micro and macro inconsistency

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Comment on Jo Michell on ‘Consistent modelling and inconsistent terminology’ Blog-Reference “Research is, in fact, a continuous discussi...
September 15, 2016

Soapbox economics

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Comment on Lars Syll on ‘But not as wrong as Paul Krugman …’ Blog-Reference  and Blog-Reference  on Sep 16 Lars Syll correctly summarize...

Marshall and the Cambridge School of plain economic gibberish

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Comment on Lars Syll on ‘Proper use of math’ Blog-Reference “The currently prevailing pattern of economic theorizing exhibits the follow...
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