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 9, 2021

Occasional Tweets: From austerity talk into deficit overdrive

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  #LearnEcon #ProfitTheory The 3-sector macroeconomic #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit . More #DeficitSpe...
February 8, 2021

Occasional Tweets: Economists and philosophers ― creatures from the scientific swamp

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  #Economics #FailedScience #Economists #StupidOrCorruptOrBoth Lawson’s fundamental methodological error and the failure of Heterodoxy http...
February 7, 2021

Occasional Tweets: Economic agenda pushers ― a player substitution is not a Paradigm Shift

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  #BadScienceBadPolicyBadPeople Since Adam Smith, #Economics is NOT #Science but agenda-pushing for the #Oligarchy . Neoclassical economi...

Occasional Tweets: Clueless economists / Profit (I)

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  #Economics #FailedScience You NEVER understood #Profit ― the foundational concept of #Economics . The 3-sector #ProfitLaw Q≡(G−T)+(I−S)...

Occasional Tweets: Clueless economists / Inflation (I)

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  #LearnEconomics Settling the MMT―Inflation issue for good https://t.co/zdXoWYF4IQ Links on the Phillips Curve https://t.co/0yuibAGZDZ — E...

Occasional Tweets: Clueless economists / Macrofoundations

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  #Economics #FailedScience Did it never occur to you that the macroeconomic models you have been fed with are plain proto-scientific garba...
February 6, 2021

Occasional Tweets: Economics ― what a lovely fraud

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  #Economics #FakeScience #Economists #StupidOrCorruptOrBoth Political fraud and the silence of academia https://t.co/QFNkI5nDAr The Kelton...
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