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 19, 2017

The new macroeconomic Paradigm

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Comment on Brian Romanchuk on ‘DSGE Wars (Again)’ Blog-Reference  and Blog-Reference  adapted to context and Blog-Reference (i) Every ec...
September 18, 2017

New Economic Thinking = old scientific garbage

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Comment on David Orrell on ‘Economyths: The Five Stages of Economic Grief’ Blog-Reference  and Blog-Reference Myth, well told, is still ...
September 17, 2017

MMT: The economics moron as problem solver

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Comment on Zero Hedge on ‘Even Bernie Sanders Thinks ‘Medicare For All’ Would Bankrupt America’ Blog-Reference MMTers do not know how th...
September 15, 2017

Why is economics such a scientific embarrassment?

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Comment on Christopher Snyder on ‘What are economists for?’ Blog-Reference  and Blog-Reference Economics is a failed science because eco...
September 14, 2017

Where modern macroeconomics went wrong

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Comment on Lars Syll on ‘Where modern macroeconomics went wrong’ Blog-Reference  and Blog-Reference on Sep 17 Eighty years ago, Keynes ...

CORE: more lipstick on the dead economics pig

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Comment on Bill Mitchell on ‘Paradigm shift ― not from the CORE Econ Project ― as mainstream as you will get’ Blog-Reference  and Blog-Ref...
September 12, 2017

Economics: the emancipation of science from politics

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Comment on Simon Wren-Lewis on ‘Revolutions in Economic Policy’ Blog-Reference There is the political realm and there is the scientific ...
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