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.

October 17, 2023

Occasional Xs: Clueless economists / Employment (III)

#Economics #FailedFakeScience Due to the lack of correct #MacroFoundations , Samuelson et al. messed up the original #PhillipsCurve . Bei...

Occasional Xs: The history of economic thought is the history of scientific failure (XIV)

#Econ #FailedFakeScience #Economists #StupidOrCorruptOrBoth The history of economic thought is the history of scientific failure. #AdamSm...

Occasional Xs: Economics has nothing to offer

#Econ #Economics claims to be #Science but is NOT. The representative #Economist is NOT a #Scientist but an #AgendaPusher / #UsefulI...

Occasional Xs: How it works (LXXVI)

The correct designation for the current political system is #Oligarchy . It thrives on #DeficitSpendingMoneyCreation . The #ProfitLaw Q≡...

Occasional Xs: Clueless economists / Science (IX)

The history of economic thought is the history of scientific failure. The major approaches are axiomatically false & materially/forma...

Occasional Xs: The history of economic thought is the history of scientific failure (XIII)

The history of economic thought is the history of scientific failure. The major approaches are axiomatically false & materially/forma...

Occasional Xs: The futile attempt to recycle MMT (XL)

#MMT The macroeconomic #ProfitLaw implies #PublicDeficitIsPrivateProfit . #DeficitSpendingMoneyCreation is a #FreeLunch for the #Oliga...

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