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.

July 26, 2019

Trump and MMT: Make profits great again

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Comment on Matt Franko on ‘Must be a libertarian bad dream …’ Blog-Reference  ( Blog-Reference  blocked) The latest Donald J. Trump Twee...
July 25, 2019

The decisive reason to worry about government debt

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Comment on J. W. Mason on ‘A Baker’s Dozen of Reasons Not to Worry about Government Debt’ Blog-Reference  and Blog-Reference Arguments 1...
July 23, 2019

MMT, voodoo, and dead horse beating

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Comment on Bill Mitchell on ‘Voodoo economic revisionism abounds ― and it is not MMT doing the voodoo’ Blog-Reference  and Blog-Reference ...
July 22, 2019

Bill Mitchell ― Wall Street’s hitman keeps an eye on MMT defeatists

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Comment on Bill Mitchell on ‘There are no financial risks involved in increased British government spending’ Blog-Reference  and Blog-Refe...

The worthlessness of value theory

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Comment on Matias Vernengo on ‘Why do we need a theory of value?’* Blog-Reference  and Blog-Reference Matias Vernengo correctly observes...

If you can’t make it, fake it

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Comment on Barkley Rosser’s ‘A Half Century Since Apollo 11 Launched To The Moon’ Blog-Reference Famous scientific non-achievements in e...
July 19, 2019

Prophet Stephanie divines the seizure of the means of production of currency

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Comment on Yuko Takeo/Masahiro Hidaka on ‘MMT’s Kelton Sees Central Banks Quietly Yielding to Governments’* Blog-Reference Since biblica...
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