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.

January 21, 2019

MMT: How to get out of the infinite meta-communication loop

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Comment on Brian Romanchuk on ‘MMT In The Newsflow Again’ Blog-Reference  and Blog-Reference Brian Romanchuk observes some communicative...
January 20, 2019

Ontological uncertainty is NOT the problem but economists’ ontological stupidity

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Comment on Lars Syll on ‘Paul Krugman ― a methodological critique’ Blog-Reference When economists are asked why they have achieved littl...
January 19, 2019

MMT: From science to agenda-pushing to story-telling to fraud

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Comment on Ben Hunt on ‘Modern Monetary Theory (Or, How I Learned To Stop Worrying & Love The National Debt)’ Blog-Reference There i...
January 18, 2019

MMT: Not a joke but a fraud

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Comment on Michael R. Strain on ‘Modern Monetary Theory’ Is a Joke That’s Not Funny’ Blog-Reference  and Blog-Reference Michael R. Strai...
January 17, 2019

Warren Mosler: scientific dilettante and political fraudster

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Comment on Tom Hickey on ‘Brendan Greeley ― America has never worried about financing its priorities’ Blog-Reference Tom Hickey features...
January 16, 2019

False economic theory makes bad economic policy

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Comment on Mish Shedlock on ‘Yet Another Fed Study Concludes Phillip’s Curve is Nonsense’ Blog-Reference  and Blog-Reference  and Blog-Ref...
January 14, 2019

Stephanie Kelton’s legendary Plain-Sight-Ink-Trick

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Comment on Z. Byron Wolf on ‘Debt? What debt? At $22 trillion, here’s the argument the national debt doesn’t matter’* Blog-Reference Ste...
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