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Mike Norman Economics

Roger Farmer — Standing on the Shoulders of Giants

The divergence of neoclassical economics from classical ideas does not have to do with mathematical formalism. It occurs when Walras and Pareto introduced us to homoeconomicus, a human being who springs fully formed into the world at the age of 18 with a complete understanding of his preferences over every conceivable outcome in his extensive choice set. That step enabled us to understand why markets are better ways of organizing economic activity than any other known form of social...

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Moon of Alabama — F.U.K.U.S. Strikes Syria – Who Won?

Best summary to date that I have seen. Detailed. Moon of AlabamaF.U.K.U.S. Strikes Syria - Who Won? bThe US version.BloombergWarship Ruse and New Stealth Missiles: How the U.S. and Allies Attacked Syria  Toluse Olorunnipa, Jennifer Jacobs, and Anthony CapaccioSee alsoUne parole franche The Morning After…Gilbert Doctorow | European Coordinator of The American Committee for East West Accord Ltd.

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George Eaton — Theresa May’s decision to take military action against Syria without a vote could cost her

As I explainedearlier this week, under the Royal Prerogative, the Prime Minister can approve any military action without a prior parliamentary vote or debate (as David Cameron did in Libya in 2011). On matters of war, Britain’s parliament is one of the weakest in the democratic world. But May’s decision is immensely politically contentious. Labour, the SNP, the Liberal Democrats and some Tory MPs are furious that she failed to consult parliament. Only 22 per cent of the British public,...

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Illegal aggression?

International bodies are scrambling to meet in the wake of the US-led strike against Syria, which was conducted without a UN mandate, just hours before the OPCW was to begin its on-site inquiry into the Douma gas attack. US President Donald Trump's decision to rain missiles down on Damascus in the early hours of Saturday, along with the UK and France, was not sanctioned by the United Nations, and bypassed an on-the-ground fact-finding mission into the alleged April 7 gas attack in Eastern...

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SouthFront “F–k Trump”: Infowars’ Alex Jones Fiercely Reacts To Trump’s Strikes On Syria (Video)

InfoWars founder Alex Jones slams US President Donald Trump over his decision to authorize military airstrikes on Syria. InfoWars and Alex Jones personally were among the key supporters of Trump’s presidential campaign and have been among the key supporters of Trump since the start of his presidency. To paraphrase an old proverb, "Hell hath no fury like a supporter scorned."The tell will whether Alex Jones loses his audience (26 million a month, 82% in US).Incidentally, FaceBook has banned...

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