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, 2018

Ricardo, too, got profit theory wrong

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Comment on Sandwichman on ‘No Other Way of Keeping Profits Up’ Blog-Reference  and Blog-Reference In his letter of 1829 To the Heads of ...
February 12, 2018

Economics: a comedy of errors full of intrigue and aberration

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Comment on Paul Krugman on ‘Fraudulence of the Fiscal Hawks’ Blog-Reference  and Blog-Reference Paul Krugman tells the story that people...
February 10, 2018

MMT: miscommunication, mistakes, misdirection

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Comment on T Sabri Öncü’s ‘Miscommunicated Monetary Theory’ Blog-Reference The problem of MMT is NOT that is miscommunicated but that i...
February 7, 2018

Profit, income, and the Humpty Dumpty Fallacy

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Comment on Timothy Taylor/ Conversable Economist on ‘Behind the Declining Labor Share of Income’ Blog-Reference Every economist can kno...
February 4, 2018

From false microfoundations to true macrofoundations (II)

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Comment on Simon Wren-Lewis on ‘Large models, small models and Brexit’ Blog-Reference Anyone can climb on a soapbox and tell the world h...
February 2, 2018

Econblogosphere: The flawed Top 101

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Comment on Barkley Rosser on ‘EconoSpeak Again A Top 101 Economics-Finance Blog ’ Blog-Reference Economics is a failed science. The fact...
January 31, 2018

Cryptoeconomics ― the best of Lars Syll’s spam folder

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Comment on Lars Syll on ‘Truth and knowledge’ Blog-Reference Science is about truth and knowledge. Science is binary true/false and noth...
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