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 3, 2025

Occasional X: Paradigm Shift (LXXXVIII)

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#Economics #AllYouNeedToKnow “Macro without microfoundations needs to be expelled from the field.” (Sid Gundapaneni) Actually, legacy microf...
December 2, 2025

Occasional X: Clueless economists / Money (LXVI)

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#Economics #AllYouNeedToKnow “By making paper money legal tender, the government shut the door on sound money. Repealing legal tender laws i...

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

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  #Economics #AllYouNeedToKnow “We want to change economics, and in changing economics, to change the world.” (Steven Hail, MMT) Every idio...

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

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#Economics #FailedFakeScience “'There is no good economics without good politics' — one of the principles of 'The London Consens...

Occasional X: Clueless economists / Science (CCXXXV)

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#Economics #AllYouNeedToKnow “That's fine, as far as you don't label those who don't believe in your axioms or your definitions ...

Occasional X: Clueless economists / Science (CCXXXIV)

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#Economics #AllYouNeedToKnow Veblen, too, got it totally wrong. This is much like Shahin Ashkiani nowadays. Groundhog Day (economics) https:...

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

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  #Economics #AllYouNeedToKnow “Went like this: first 1/4 was all about mystical interpretations of Keynes' GT, then when I was getting...
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