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 30, 2020

Economics as thought-reading and motive-imputation

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Comment on Magpie on ‘So, I Actually Hate the JG, Who Knew?’ Blog-Reference Tom Hickey summarizes,  “My view, and that of Marxian e...
July 29, 2020

Economics is a disgrace

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Comment on Claudia Sahm on ‘Economics is a disgrace’* Blog-Reference Economics is an institution and a science. Claudia Sahm gives a...
July 27, 2020

That’s wrong with a fiscal deficit

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Comment on Prabhat Patnaik on ‘What could be wrong with a fiscal deficit? ’ Blog-Reference Prabhat Patnaik resumes, “And here, the real ...

The U.S. economy hangs on the State ventilator for its survival

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Comment on Nathan Tankus on ‘Where do profits come from?’* and Barkley Rosser on ‘Donald Trump's Only Chance’ Blog-Reference Macroec...
July 26, 2020

The question economists could not answer for 200+ years

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Comment on Tom Hickey on “Where do profits come from? — Nathan Tankus” Blog-Reference Where do profits ultimately come from? Macroeconom...
July 24, 2020

MMT ― now official doctrine

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Comment on Tom Hickey on ‘A Job Guarantee Costs Far Less Than Unemployment, Pavlina Tcherneva’ Blog-Reference It has always been clear t...
July 19, 2020

#HallOfScientificShame

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Reference Twitter Thread See also the hashtags #Economics #DebunkingEconomics #FailedScience #FakeScience #CargoCultScience #ScientificInc...
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