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.

June 28, 2024

Occasional X: What economists really do (CCLXVII)

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  #Economics #FailedFakeScience #Economists #StupidOrCorruptOrBoth “It does economics a disservice to be obviously partisan.” The Nobel Pri...

Occasional X: Clueless economists / Science (XCIII)

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  #Economics #FailedFakeScience #Economists #StupidOrCorruptOrBoth “… political economy and social philosophy would be better practiced if ...
June 27, 2024

Occasional X: Politics corrupts science, always and everywhere (II)

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  #Economics #FailedFakeScience “16 Nobel economists see a Trump inflation bomb. … The Nobel laureates are lending their academic prestige ...

Occasional X: The futile attempt to recycle Austrianism (XXXVI)

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  #Economics #FailedFakeScience Economics is about how the #Economy works. It is a #SystemsScience and NOT a #SocialScience . #Economists...
June 26, 2024

Occasional X: Economists’ eternal problem with methodology (VIII)

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  #Economics #FailedFakeScience #PsySoc Economics is about how the #Economy works. It is a #SystemsScience and NOT a #SocialScience . #Ec...
June 25, 2024

Occasional X: Paradigm Shift (XXXII)

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  #Economics #FailedFakeScience #Reset “If we continue down this path, Chinese economics will become a colony of US economics.” Since the f...

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

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  #Economics #FailedFakeScience #MMT The #FreeMarketEconomy runs on #Profit . The 3-sector #ProfitLaw Qm≡(G−T)+(I−Sm)+Yd implies #PublicD...
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