Good Lord, he’s demanding Professor even in the headlines!

Professor Richard Murphy: Kevin Hague thinks Scotland should know its place – I don’t

Sigh.

You know, like Paul Krugman and Joe Stiglitz both insist upon headlines which read “The Nobel Laureate, Professor…..”

I’m the very model of a modern professor sorta stuff, eh?

As in backfilling and fluffing:

I would have thought anyone who values good government would agree with what I said. What I offered was my professional opinion as a chartered accountant and professor of political economy (which is a pretty rare combination) on what might make for the best decision-making for the benefit of the people of Scotland. The result may show a deficit, or not. That was not my point. That point was we need to know using the best data available and we need to know what can best be done about it – GERS does not permit that.

Well, no, that’s not actually what he said.

But, as I stressed, I’m qualified to offer opinion on this issue, and have not been frightened to challenge vested interests on data issues over the last 15 years or so.

Snigger.

All I am interested in is getting that information so life in Scotland is better for everyone. I hope all politicians who are committed to the future of the country share that view and demand better data now.

The original complaint was rather that better data did not and could not exist….

And back to the beginning here. Our professor of practice of international political economy does not know that there are three ways of determining GDP. He is demanding information about taxation and spending which is indeed difficult to work out at the sub-national level. Which is why the GVA figures, for regions and smaller statistical areas, relies on the other two possible ways of measuring GDP, incomes and production. Both of which are very much easier to locate geographically. That’s why ONS uses these two methods to work out GVA down to something like local authority level.

He’s wrong, as we know he must be, our task at any one time only being that we’ve got to work out why he’s wrong in this specific instance.

36 comments on “Good Lord, he’s demanding Professor even in the headlines!

  1. Simon Saize says:
    April 12 2017 at 9:19 pm
    By the way, I thought this retort of yours to Hague was classic:

    “I don’t care if anyone agrees with me. I’ve changed the World; I’m sorry for you if you haven’t”

    Well said!

    Richard Murphy says:
    April 12 2017 at 9:35 pm
    Let’s be quite clear: I was referring to the world of data, where I think I can justify that claim

    I suppose that’s as close to humility as he can get.

  2. The Nat Onal (aka McPravda) is a comic. It’s sole purpose is to promote the SNP (independence comes a close second).

    In a way I’m heartened by seeing Spud here. It means that the SNP will either have to very publically distance themselves from the lunatic, or that they’ve taken him on board and it’s finished as a party.

    I suspect Swinney still holds enough power (although there are rumours he’ll be cast into the wilderness for being too honest about the finances) that Murph will be told GTF pretty soon.

    Incidentally – are you seeing an uptick in page views as more Scots go seeking information about Spud?

  3. Although seeing lots of new people discover the WGCE makes me feel a bit of a hipster: “I knew he was a loon before it was cool”

  4. Flatcap Army: that’s a parody account. Actually, parody is probably the wrong term. It’s been set up by someone with a serious knowledge of finance who used to post under their own name. It raises a lot of testing questions and facts for the nats. It’s worth a follow.

  5. ‘What I offered was my professional opinion as a chartered accountant and professor of political economy (which is a pretty rare combination)’

    I think it’s time for the men in white coats – alternatively I think he might be in some financial difficulty given the increasingly frantic ‘gissa job’ nature of his paeans to the SNP.

  6. All I am interested in is getting that information so life in Scotland is better for everyone.

    Statistical data is so life-enhancing.

    I hope all politicians who are committed to the future of the country share that view and demand better data now.

    Independence – for more accurate data and worse numbers.

  7. ‘If only Kevin Hague realised that all change for the better is dependent upon someone, somewhere sticking their head above the parapet and saying that things aren’t good enough and could be improved, he’d have something much more useful to say. I’m happy to play that role of the person seeking change in this case, and I do so for good reason.’

    Anyone reading that sentence without prior knowledge of the man would surely suggest its author seek psychiatric help. It’s almost as though he has a ‘God’ complex.

  8. “I think it’s time for the men in white coats – alternatively I think he might be in some financial difficulty given the increasingly frantic ‘gissa job’ nature of his paeans to the SNP.”

    Something is ‘up’ for sure, the crazy is getting more and more frequent and obvious…………….

  9. @Van_Patten?Jim

    ‘I think it’s time for the men in white coats – alternatively I think he might be in some financial difficulty given the increasingly frantic ‘gissa job’ nature of his paeans to the SNP.’

    My money is on the latter- there’s something driving him to be this crazy, this often. If it were a mental break of some kind, I think he’d be too hard to work with for editors and the such like. This level of crazy wouldn’t support hitting deadlines etc.

    It’ll be money issues.

    There’s a bit of me that admires the way he’s turned some patently silly thoughts on economics into such a public presence, but at the same time, I think I’d have a hard time looking in the mirror.

    He’s definitely jumping the shark with such flagrant courting of the SNP, though. It’s gone from being funny into just sad- he’s like the drunk at the party whose soiled himself.

  10. I wouldn’t mind but it’s an entirely honorary professorship. It’s like something that fell out of a Christmas cracker. Can you imagine the mentality of someone to so cherish and stand upon such a bauble? Ritchie is an economics professor in the same way that Amin was the last king of Scotland.

    Dolly Parton has as honorary doctorate, as indeed does professional poof Julian Clary and one “Puff Daddy” Combs. The difference is that such celebrities don’t then make complete laughing stocks of themselves by insisting that everyone call them Doctor.

  11. he’s a narcissist that loves the sound of his own voice.

    The political client base that needed a useful idiot over the last ten years have either fallen out with him (Corbyn), become substantially politically irrelevant in the Corbyn era (Hodge) or died (Meacher)

    he’s desperately trying to find someone else that will listen to his tripe to flatter his ego and stuff his wallet

    wading into subjects he knows patently nothing about is nothing new – he’s built his entire world changing career on it . . .

  12. To be fair, Spud’s claim to holding a Nobel Prize is exactly as good as the claims of Krugman and Stiglitz. Come to that, so is the claim of our esteemed blogger.

  13. Come to think of it, Spud is the best candidate for a Nobel, on account of his Complete Theory of Bollocks.

  14. “What I offered was my professional opinion as a chartered accountant and professor of political economy (which is a pretty rare combination)”

    Not half as rare as your views on GERS Ritchie.

    Incidentally, You may be proudly declaring yourself an ‘outlier’ today, but yesterday toy reacted with fury when Kevin Hague described you that way. Thus you try to re-write your personal history.

    Snake oil.

  15. @GlenDorran – I appreciate it’s a parody – it’s also just linked to this article ripping the LHTD a new one

    http://rwbblog.blogspot.co.uk/2017/04/does-richard-murphy-have-point.html

    “Let’s recall GERS was cited 19 times by economists with far greater credentials than Murphy could ever wish for, Murphy said that their use of the very same data was “entirely appropriate”. He’s all over the place.

    Given Murphy’s inconsistency on such a matter, one has to wonder why the nationalists are so excited about this. The answer, sadly for them, may be that he’s the best they have”

  16. I’m surprised he’s not demanded that that entry include his name. That’s what a true narcissist would do…

  17. https://www.city.ac.uk/arts-social-sciences/international-politics#unit=staff

    This is revealing. Ritchie is listed as a ‘senior lecturer’ – so professor must be a courtesy title. I bet he insisted on it as part of the appointment.

    I don’t get what was in it for City – was the appointment in the expectation that he would get a peerage/be Corbyn’s economic adviser? Or that he could get EU funding for them? What exactly does he bring to the party?

  18. “was the appointment in the expectation that he would get a peerage/be Corbyn’s economic adviser?”

    Yes, informed gossip from within City tells me that he was chuntering on about how the peerage was mere weeks away, hire him now before the rush. As Miliboy with Glasman, so Corbyn with Ritchie.

  19. If he’s that enamoured of Scotland why not come and live here. Maybe he’d relish being called “fucking English paedophile scum” as I once saw some postgrad students called in a pub in the West End of Glasgow for having the temerity to applaud an England goal during a televised World Cup game.

  20. I’ve just had a quick bored google around other Professors of Political Economy. He’s right, he is unusual. Every other one in my cursory trawl has a degree and a PhD in economics and/or econometrics and a long string of publications in respected journals.

    He did have the temerity to describe himself as an economist in that unedifying radio appearance too, despite being literally unqualified

  21. I do wonder about Murphy. I’ve always suspected he was an act. After all, he first appears to the public eye promoting tax fiddles in the Guardian. No doubt relishing his name appearing above an article in a national newspaper. And since, his raison d’etre’s been to keep himself in the public eye to ensure a regular supply of readies keeps rolling in.
    But something definitely seems to have changed, of late. Probably originates around the time of his involvement with Hodge & subsequently Corbyn. Seeing himself being quoted in high places. The BBC gigs. I think he’s developed the delusion he can walk on water. Something all con artists are prone to. He’s not even bothering about being plausible because he’s convinced himself he doesn’t need the script. He can con by the sheer force of his personality, alone

  22. I have it on good authority from a close acquaintance of Murphy That he was offered a position in the team of John Mcdonnell but rejected it because he was not to be made ‘Chief advisor’ but merely a member of the advisory team (I also am told he was not offered enough money in his oh so humble opinion) which accounts for his hostile posts to the Shadow Chancellor. This is the same acquaintance who bought me ‘The Joy of Tax’ and ‘The Curajus state’ as presents so he is close to the source…..

  23. The difference is that such celebrities don’t then make complete laughing stocks of themselves by insisting that everyone call them Doctor.

    They do that in Nigeria and it drove me nuts. Some brain-dead idiot with political connections would be given an honorary doctorate by The University of Lesser Mangrove Swamp No. 2 and he would then use the title anywhere and everywhere and insist you addressed him as “doctor”.

  24. Tim,

    To be fair to Nigerians, a whole bunch of UK people with no qualifications at a higher level than bachelors also insist we call them doctors. It probably explains the NHS…

  25. @V_P

    I’m sure I recall on one of Murphy’s blogs that he claimed to have been offered a title by McDonnell but turned it down.

    Probably because of his strong Quaker faith. As Quakers eschew titles.

  26. Wasn’t his version that he studied economics for a year but gave it up because it was all so obviously incorrect?
    That does have the flavour of profound words of wisdom issuing from the lips of the Lama newly reincarnated in a child’s body

  27. Or, as nominally a christian, maybe he thinks he’s the Second Coming. Including the WetWipe in most opinions.

  28. My colleague was on his interview panel. He was positioned as being worthy of the next REF as he publishes with Ronen Palan but even they saw him as a slightly unhinged narcissist. Noone I’ve met since has a positive word to say about him. By all accounts even professor of practice was a fight

  29. I’m surprised he mentioned the professional accountant part as I assumed he avoided using that because he didn’t want any issues with people complaining to the professional body

  30. BniC, I am surprised that the ICAEW have not sanctioned him for all the insults he hurls at PWC et al

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