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.

May 6, 2024

Occasional X: How it works (CXCII)

#LearnRealEconomics The 3-sector #Profit Law ⇓ implies #PublicDeficitIsPrivateProfit . So, #DeficitSpendingMoneyCreation is a #FreeLunc...

Occasional X: The futile attempt to recycle Milton Friedman (XIII)

#Economics #FailedFakeScience For 200+ years, economics claims to be #Science but is NOT. The major approaches ( #Walrasianism , #Keynes...

Occasional X: The futile attempt to recycle Marx (XXVIII)

#Economics #FakeScience #DisInfoTainment After presenting #Marx as the “affectionate grandfather” and “romantic husband” one wonders whe...

Occasional X: Clueless economists / Science (LXXXVII)

#Economics #FailedFakeScience #Economists #StupidOrCorruptOrBoth Since the founding fathers, #Economists have claimed to be doing scienc...

May 5, 2024

Occasional X: The futile attempt to recycle Marx (XXVI)

#Economics #FailedFakeScience 'The change makers have only changed the world in various ways — the point, however, is to improve it....

Occasional X: How it works (CXCI)

#LearnRealEconomics #Deficit #Profit #Debt #Interest The #MarketEconomy runs on #Profit . The #ProfitLaw ⇓ implies #PublicDeficitIsPriv...

Occasional X: The futile attempt to recycle MMT (XCIX)

#Economics #MMT “Everyone has an opinion on MMT, but very few understand monetary operations enough to formulate intelligent criticism.“ ...

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