My word the man is cruel

Eighth, he can do mumbo jumbo on tax, debt, globalisation and trade, none of which makes any economic sense at all. The man if ignorant when it comes to macroeconomics.

11 thoughts on “My word the man is cruel”

  1. Murphy’s recent “restrained” ripostes to critical comments on requisitioning private property for housing after the fire

    “Respectfully, don’t talk nonsense”
    “With respect, if you really think it’s this easy you are a fool”
    “Very politely, you are either a) calling [trolling?] b) unable to consider consequences c) blinded by dogma or d) all three”

  2. George S Gordon says:
    “…..Can you point to a country that understands macroeconomics, and provides evidence that MMT is correct?”

    Reply

    Richard Murphy says:

    June 20 2017 at 1:28 pm

    “I think Caroline Lucas does

    Angus McNeil in the SNP does

    Few countries do yet, if any”
    _______
    What more evidence do we need.

    I am hoping that, post independence, he’ll convince the hawkeyes that their money can be created out of thin air, spend and then tax (in that order mind) and we will have a real life experiment into whether MMT really works in practice.

    If by chance you are currently employed in Scotland I wonder whether you can insist that your salary continues to be paid in £ sterling rather than £ stirling.

  3. PeteC

    We have yet to find a topic of any sort on which Murphy shows even the most basic understanding. This includes accounting in which he is nominally qualified. We have successfully observed no understanding of even the most basic points of

    Accounting, politics, philosophy, law, tax, any branch of economics, sociology, statistics, political economy, history.

    He is the very model of a modern Major Ignoramus. City University should hang their heads in shame.

  4. Bloke in Costa Rica

    I confidently expect his ruminations on, inter alia, the Riemann Hypothesis and the unification of quantum mechanics and general relativity.

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