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 28, 2022

Occasional Tweets: The fatal methodological flaws of economics have always been brain-dead storytelling and misapplication of math

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  #Economics #FailedScience #FakeScience #Economists #StupidOrCorruptOrBoth The economist as storyteller https://t.co/Lroo52OWDQ — E.K-H (@...
February 27, 2022

Occasional Tweets: Economics is not science, economists are not scientists (II)

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  Since J.S Mill, many #Economists have directly/indirectly been on the payroll of the #Oligarchy . #Economics is #FailedScience . Too ma...
February 25, 2022

Occasional Tweets: Economics is not science, economists are not scientists (I)

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  Separation of #Politics / #Science : • #Politicians have NOTHING to say in scientific matters • #Scientists have NOTHING to say in poli...
February 24, 2022

Occasional Tweets: Self-glorification does not help ― economics is failed/fake science

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  #Economics #FailedScience #FakeScience #Economists #StupidOrCorruptOrBoth Econ 101: Economists flunk the intelligence test at the first h...
February 23, 2022

Occasion Tweets: The futile attempt to recycle New-Keynesian models

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  Folks who are ‘fans of flowcharts’ do NOT get the macroeconomic #Flows right and have NOT realized that #Economics suffers from #FlowBa...

Occasional Tweets: The futile attempt to recycle Buchanan (II)

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  Buchanan's idea applied to #Economics leads onto the idea that you can't trust #Economists because, as these folks, too, follow...
February 22, 2022

Occasional Tweets: The relationship between crisis → deficit-spending → macroeconomic profit (I)

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  #PublicDebt increases for 200+ years. The 3sector #ProfitLaw Q≡(G−T)+(I−S) implies #PublicDeficitIsPrivateProfit . Thus, #DeficitSpendi...
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