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.

December 13, 2023

Occasional Xs: How it works (CLIV)

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  #DoubleWhopper The US polity is an #Oligarchy with Congress/Treasury/Fed/BigBusiness as integral parts. The #ProfitLaw ⇓ implies #Publi...

Occasional Xs: Clueless economists / Science (XXXIV)

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  #Economics #FailedFakeScience J. S. Mill was a champion of #Science and formulated the foundational rule for his stupid/corrupt fellow #...

Occasional Xs: Economics ― just disinfotainment and self-hype (XXXV)

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

Occasional Xs: What economists really do (CVII)

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  #Economics claims to be #Science but is NOT. The representative #Economist is NOT a #Scientist but an #AgendaPusher / #Clown in the...

Occasional Xs: Economics ― just disinfotainment and self-hype (XXXIV)

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  #Econ #Walrasianism , #Keynesianism , #Marxianism , #Austrianism etc. are axiomatically false & materially/formally inconsistent ...

Occasional Xs: The foul spirit of political economics (LXXVI)

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  The #ProfitLaw ⇓ implies #PublicDeficitIsPrivateProfit . So, the 1%ers & their #AcademicStakeholders should argue FOR #DeficitSpend...
December 12, 2023

Occasional Xs: The futile attempt to recycle Adam Smith (LII)

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  The history of economic thought is the history of scientific failure. #AdamSmith NEVER understood what #Profit is and how the economic ...
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