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.

October 8, 2017

Social science is NOT a science but a sitcom

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Comment on David B. Feldman on ‘ Is Psychology Really a Science? ’ Blog-Reference The so-called social sciences have been identified by ...
October 6, 2017

MMT: Redistribution as wellness program

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Comment on Stephanie Kelton/ Op-Ed  on ‘How We Think About the Deficit Is Mostly Wrong’ Blog-Reference What the layperson and most econo...
October 5, 2017

Saving NEVER equals investment

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Comment on Anonymous on ‘Why is MMT so popular?’ Blog-Reference You say, “the real story is savings equals investment plus net productio...
October 4, 2017

Gov-Deficits do NOT cause inflation

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Comment on Simon Wren-Lewis on ‘Why is MMT so popular?’ Blog-Reference The quasi-automatic Pavlovian argument against MMT is that ‘susta...
October 2, 2017

Why is MMT so false?

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Comment on Simon Wren-Lewis on ‘Why is MMT so popular?’ Blog-Reference  and Blog-Reference  and Blog-Reference  and Blog-Reference on Oct...

MMT: Just political heat, no scientific light

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Comment on Stephanie Kelton/ Op-Ed on ‘Congress can give every American a pony (if it breeds enough ponies)’ Blog-Reference The selling...
September 30, 2017

MMT: Money-making for the one-percenters

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Comment on Stephanie Kelton/ Op-Ed  on ‘Congress can give every American a pony (if it breeds enough ponies)’ Blog-Reference Stephanie K...
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