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AXEC New Foundations of EconomicsAXEC provides the correct formal foundations of theoretical economics.
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AXEC New Foundations of Economics | axec.org Reviews
https://axec.org
AXEC provides the correct formal foundations of theoretical economics.
Saving=Investment Fallacy - A Scientific Economic Paradigm ProjectA Scientific Economic Paradigm Project
http://www.asepp.com/savinginvestment-fallacy
A Scientific Economic Paradigm Project. A real scientific journey. Optimal Aggregate Consumption →. November 14, 2014. Saving=Investment is axiomatic in macroeconomics as it is taught in basic textbooks, found in advanced research and assumed in national statistics. Yet it is a fallacy which can be traced to Keynes (1936, p.63) where he defined saving as. The excess of income over consumption. In a framework of equilibrium circular flow of national income. Excess of income over consumption. The equilibri...
Paul Romer on math masquerading as science | Real-World Economics Review Blog
https://rwer.wordpress.com/2015/05/19/paul-romer-on-math-masquerading-as-science
Real-World Economics Review Blog. Posts are by authors of papers published in the RWER. Anyone may comment. Dynamite Prize in economics. George Soros' INET. New vs. Old Paradigm. Real World Economics Movement. Decline of the USA. Quality of life indicators. Politics and the economy. Upward income and wealth redistribution. The Economy and the Planet. Economics of climate change. The planet and the economy. Paul Romer on math masquerading as science. Paul Romer on math masquerading as science. May 19, 2015.
The cost of higher education in the USA | Real-World Economics Review Blog
https://rwer.wordpress.com/2011/09/15/the-cost-of-higher-education-in-the-usa
Real-World Economics Review Blog. Posts are by authors of papers published in the RWER. Anyone may comment. Dynamite Prize in economics. George Soros' INET. New vs. Old Paradigm. Real World Economics Movement. Decline of the USA. Quality of life indicators. Politics and the economy. Upward income and wealth redistribution. The Economy and the Planet. Economics of climate change. The planet and the economy. The cost of higher education in the USA. The cost of higher education in the USA. September 15, 2011.
Consumer demand in Europe. Don’t shop till we drop. | Real-World Economics Review Blog
https://rwer.wordpress.com/2012/02/03/consumer-demand-in-europe-dont-shop-till-we-drop
Real-World Economics Review Blog. Posts are by authors of papers published in the RWER. Anyone may comment. Dynamite Prize in economics. George Soros' INET. New vs. Old Paradigm. Real World Economics Movement. Decline of the USA. Quality of life indicators. Politics and the economy. Upward income and wealth redistribution. The Economy and the Planet. Economics of climate change. The planet and the economy. Consumer demand in Europe. Don’t shop till we drop. February 3, 2012. Germany even threatens to tak...
AXEC: New Foundations of Economics: A heterodox pushback or just another shot in the foot?
http://axecorg.blogspot.com/2017/01/a-heterodox-pushback-or-just-another.html
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. January 7, 2017. AXEC / E.K-H. Economists can...
Macroeconomic ad hocery | LARS P. SYLL
https://larspsyll.wordpress.com/2015/08/04/macroeconomic-ad-hocery-2
LARS P. SYLL. 4 August, 2015 at 08:31 Posted in Economics. Robert Lucas is well-known for condemning everything that isn’t microfounded rational expectations macroeconomics as “ad hoc” theorizing. But instead of rather unsubstantiated recapitulations, it would be refreshing and helpful if the Chicago übereconomist — for a change — endeavoured to clarify just what he means by “ad hoc.”. The standard meaning —. And don’t get me wrong on this. I like. 2 Comments ». Feed for comments on this post. Whether we...
Economics departments — breeding generation after generation of idiot savants | LARS P. SYLL
https://larspsyll.wordpress.com/2015/08/10/economics-departments-breeding-generation-after-generation-of-idiot-savants
LARS P. SYLL. Economics departments — breeding generation after generation of idiot savants. 10 August, 2015 at 10:25 Posted in Economics. Modern economics has become increasingly irrelevant to the understanding of the real world. In his seminal book. 1997) Tony Lawson traced this irrelevance to the failure of economists to match their deductive-axiomatic methods with their subject. It is — sad to say — as relevant today as it was eighteen years ago. Already back in 1991,. Journal of Economic Literature.
mainly macro: Savings Equals Investment?
https://mainlymacro.blogspot.com/2012/01/savings-equals-investment.html
Comment on macroeconomic issues. Saturday, 14 January 2012. This post is for first year undergraduate students (and the occasional blogger) who appear confused. Q: If consumers spend less and save more, does this mean investment must increase? A: Absolutely not. Someone increasing their saving does not automatically imply that some firm will decide to buy more capital goods. Q: But surely savings equals investment by identity in the national accounts. Q: When will this process stop? A: Well we could shor...
AXEC: New Foundations of Economics: December 2016
http://axecorg.blogspot.com/2016_12_01_archive.html
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 31, 2016. Keynes is a case in point&...
AXEC: New Foundations of Economics: How to finally hammer down the nails in the coffin of Monty Python economics
http://axecorg.blogspot.com/2017/01/how-to-finally-hammer-down-nails-in.html
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. January 5, 2017. From these premises follows ...
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Police: Man Rapes 12-year-old, Forces Girl’s Mother To Watch. That’s cool of Tide, but Terri Durdaller, a spokesperson for the Department of Children and Families, released a statement that I thought better addressed how to prevent such accidents from happening:. Man Locks Girlfriend In Dog Kennel “‘Cause That’s Where The Bitches Belong”. John Waters Will Not Tolerate A Crying Baby. Homeless Man Accused Of Raping Elderly Woman Who Tried To Help Him. Constantine Toncz Crushed Sabrina Stanek. New Mom Goes ...
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