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Mike Norman Economics

Jimmy Dore – The Real Reason We’re in Syria.

Jimmy Dore is so good, and this video excellent. I wrote in the comments under another another Jimmy Dore video that he is one of the most important people on the left right now. He can put serious politics across in a very entertaining way.  [embedded content] This video below goes over the same ground.  [embedded content] Michele Lastella explains how, why and what is really happening behind the war in Syria. Mass media is hiding the truth about most of the main news.

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James Russell — The Strike Warfare Chimera

The reality is that strike warfare—long range strikes by planes and missiles—has rarely achieved its advertised strategic consequence. Yet it remains a dangerous, drug-like chimera to states desperately searching for some sort of easy, low-cost fix in the search for influence in the chaotic international system. Like all drugs, the initial rush feels great, but the long-range addiction is, in the end, far more destructive, dangerous, and difficult (if not impossible) to kick.… Yet despite...

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Adam Johnson — Out of 26 Major Editorials on Trump’s Syria Strikes, Zero Opposed

A survey by FAIR of the top 100 papers in the US by circulation found not a single editorial board opposed to Trump’s April 13 airstrikes on Syria. Twenty supported the strikes, while six were ambiguous as to whether or not the bombing was advisable. The remaining 74 issued no opinion about Trump’s latest escalation of the Syrian war. This is fairly consistent with editorial support for Trump’s April 2017 airstrikes against the Syrian government, which saw only one editorial out of 47...

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Gareth Porter — An Alternative Explanation to the Skripal Mystery

"Compounding factors." For weeks, British Prime Minister Theresa May and Foreign Secretary Boris Johnson have insisted that there is “no alternative explanation” to Russian government responsibility for the poisoning of former double agent Sergei Skripal and his daughter Yulia in Salisbury last month. But in fact the British government is well aware that such an alternative explanation does exist. It is based on the well-documented fact that the “Novichok” nerve agent synthesized by...

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Lars P. Syll — Sometimes we do not know because we cannot know

Knight’s uncertainty concept has an epistemological founding and Keynes’ definitely an ontological founding. Of course, this also has repercussions on the issue of ergodicity in a strict methodological and mathematical-statistical sense. I think Keynes’ view is the most warranted of the two. The most interesting and far-reaching difference between the epistemological and the ontological view is that if one subscribes to the former, Knightian view – as Taleb, Haldane & Nelson and “black...

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Tazra Mitchell — Some House Leaders Ignore Evidence, Cite Flawed Reports to Justify Taking Basic Assistance Away From Needy Individuals

Some Republican policymakers continue to propose basing eligibility for assistance programs on participants’ ability to meet strict work requirements — most recently with House Agriculture Committee Chairman Michael Conaway’s proposal to reauthorize SNAP (formerly food stamps)[1] — despite a lack of credible evidence that the requirements would work as intended.[2]To build support for work requirements that take away assistance from adults who cannot work a set number of hours per month,...

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Brian Romanchuk — Forecastability And Economic Modelling

When most people think about macroeconomics, what they want is the ability to forecast economic outcomes. However, economists' (of all stripes) reputation as forecasters is not particularly high. My view is that this is not too surprising: what we want forecasters to accomplish is probably impossible. (I am hardly the first person to note this, as variants of this idea go back at least to Keynes; I could not hope to offer a history of this idea.) However, I think if we want to approach...

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Joseph Thomas — Vietnam Locks Up US-Funded Agitators

There is a growing understanding of US regime change strategies and tactics. It used to be that the CIA would work covertly to build opposition movements that would remove governments that did not cooperate with the United States and its corporate interests. This still occurs but many of those functions have been buttressed by the US Agency for International Development and the National Endowment for Democracy. Countries are catching on to this. The article below describes how Vietnam is...

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