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.

November 22, 2024

Occasional X: The foul spirit of political economics (CII)

#HowItWorks “It is for the good of society that self-interest in the economic sphere be allowed to operate without hindrance.” (Foundatio...

November 21, 2024

Occasional X: What economists really do (CCCLXXXVI)

#Economics #CargoCultScience Economics claims to be #Science but is NOT. The major approaches ( #Walrasianism , #Keynesianism , #Marxian...

Occasional X: Clueless economists / Profit (LX)

#Economics #FailedFakeScience #Profit “In view of the facts set forth in the introductory chapter as to the relation of profit to theoret...

Occasional X: How it works (CCCIX)

#Economics #FailedFakeScience #GeoPolitics #GeoEconomics The ruin of the German #Economy and the impoverishment of #WeThePeople is the ...

Occasional X: Clueless economists / Employment (XV)

#LearnRealEcon “NAIRU does not hold water simply because it does not exist — and to base economic policy on such a weak theoretical and e...

November 20, 2024

Occasional X: The foul spirit of political economics (CI)

#Economics #FailedFakeScience “The great achievements of civilization have not come from government bureaus.” (Milton Friedman) Neither d...

November 19, 2024

Occasional X: How it works (CCCVIII)

#HowItWorks “Government debt is the cash in your pockets” (Patricia Pino) Government debt is the cash plus financial assets in the Oligar...

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