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.

March 31, 2022

Occasional Tweets: The futile attempt to recycle political economics (I)

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  #Economics is not about #Science or #Truth or the #GreaterGood . It is #FailedScience / #FakeScience and #AgendaPushing for the #Oli...
March 30, 2022

Occasional Tweets: Paradigm Shift ― some have long crossed the next frontier

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  Both #MicroEconomics and #MacroEconomics are axiomatically false. #Economists are too stupid for #Science . #Economics needs a #Parad...

Occasional Tweets: Economists do not know what pacta sunt servanda means

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  #Econ This is NOT a chicken game, this is pacta sunt servanda [a brocard and a fundamental principle of law, Wikipedia]. Russia honors co...

Occasional Tweets: The representative economist still does not know how profiteering works

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  No matter how many times L.H. Summers waffles about rising demand & inelastic supply, the 3-sector #ProfitLaw says Q≡(G−T)+(I−S)+Yd ...
March 29, 2022

Occasional Tweets: A real joke ― to this day, economists get the foundational equation of macroeconomics wrong

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#Economics #FailedScience #FakeScience Since Keynes, #Economists get the #SectoralBalances equation wrong. Here is the axiomatically corr...
March 28, 2022

Occasional Tweets: Economists and their Badge of Scientific Dishonor

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  #FailedScience #FakeScience Economic policy guidance NEVER has had sound scientific foundations. For 200+ years, there is NO #ScientificH...
March 27, 2022

Occasional Tweets: Economic policy guidance has never had valid scientific foundations (IV)

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  In #Economics Scientific truth went out the window long ago https://t.co/E8niRAiCSj #Walrasianism , #Keynesiansm , #Marxianism , #Austria...
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