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.

April 10, 2019

Scientific ignorance is political strength

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Comment on Lars Syll on ‘Radical uncertainty ― a question of economic methodology’ Blog-Reference  and Blog-Reference  and Blog-Reference ...
April 9, 2019

How a Swedish professor cares about the Oligarchy’s financial well-being

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Comment on Lars Syll on ‘Sweden as a case of MMT’ Blog-Reference  and Blog-Reference  and Blog-Reference on Apr 11 Lars Syll argues: “W...
April 8, 2019

Dear idiots, it is deficit spending that creates the distribution people complain about

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Comment on Lars Syll/Tom Hickey on ‘Mainstream theories of income distribution’ Blog-Reference  and Blog-Reference  and Blog-Reference D...
April 7, 2019

From Keynes’ fatal blunder to the true economic model

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Comment on Merijn Knibbe on ‘What’s in a model … (an economic one, that is)’ Blog-Reference Merijn Knibbe refers to a post of Noah Smith...
April 6, 2019

Dear idiots, MMTers are Wall Street’s agenda pushers

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Links on Patricia Cohen’s ‘Modern Monetary Theory Finds an Embrace in an Unexpected Place: Wall Street’* Blog-Reference MMTers have alwa...
April 5, 2019

MMTers: too much thought-reading, too little thinking

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Comment on Bill Mitchell/Tom Hickey on ‘ECB denial is just embarrassing’ Blog-Reference  and Blog-Reference Tom Hickey recounts the high...
April 4, 2019

The canonical macroeconomic model

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Comment on Noah Smith on ‘Examining an MMT model in detail’ Blog-Reference  (Link) and Blog-Reference Under the heading Formal Models vs...
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