What fun!

One of the questioners asked whether your content should be taught in schools and it reminded me of the neoclassical theories and other nonsense from my Economics A-level (1992-94). I hope that has all been swept away by now, surely?

Reply
Richard Murphy says:
February 26 2021 at 9:02 am
The same crap is still taught now

And at universities

My son used Lipsey last term – absolutely dire

Err:

From 1955 to 1963, he held the positions of Assistant Lecturer, Lecturer, Reader and Professor at the London School of Economics. From 1963 to 1969, he was a Professor of Economics, Chairman of the Economics Department, and Dean of the School of Social Studies at the University of Essex in England. Returning to Canada, he held a brief position as a Visiting Professor at the University of British Columbia, before being appointed the Sir Edward Robert Peacock professor of economics at Queen’s University in Kingston, Ontario in 1970. He was the Irving Fisher Visiting Professor at Yale University from 1979 to 1980. From 1983 to 1989, he was a Senior Economic Advisor at the C.D. Howe Institute, the economic and social think tank in Toronto. In 1989, he was appointed Professor of Economics at Simon Fraser University and is currently a Professor Emeritus. He is also a co-founder of Simon Fraser University’s ACT (Adaptation to Climate Change Team), an initiative that works to assist effective adaptation to climate-related challenges through policy development and awareness-raising.

Lipsey wrote the econometric follow up article to William Phillips’ original article that introduced the curve that became known as the Phillips Curve, which held that a tradeoff existed between unemployment and inflation. At the 1968 American Economic Association meetings Milton Friedman countered Lipsey’s and Phillips’ arguments in what was perhaps one of the great arguments in economics. Recently Lipsey co-edited with William Scarth a three volume compilation of many of the most important articles on the Phillips curve.

He is an Officer of the Order of Canada[2] and a Fellow of the Royal Society of Canada and the Econometric Society. In 2005, he won the gold medal for achievement in research[3] from the Social Sciences and Humanities Research Council of Canada.

He is also the author or co-author of several economics textbooks including Positive Economics (Economics published by Oxford University Press in its 13th edition in March 2015 with a co-author, Alec Chrystal, added[4]).

12 thoughts on “What fun!”

  1. Look, I’m no fan of the cult of Credentialism and Authority, but even I understand that you actually have to argue and prove them wrong, it isn’t enough to simply say “they’re shit” and make up some crap about inventing money.

  2. The irony of course is that when you question him he immediately insists he is right because he’s a ‘professor’.

  3. I had to study Lipsey a very long time ago. Dull and difficult, but only dire if that’s how you spell ‘right.’

  4. Not sure what Spud Junior is studying at uni but if it’s economics, God help him if he advances the sort of shyte his dad spouts.

  5. Bloke in North Dorset

    Rob,

    Look, I’m no fan of the cult of Credentialism and Authority, but even I understand that you actually have to argue and prove them wrong, it isn’t enough to simply say “they’re shit” and make up some crap about inventing money.

    He’s probably never heard of the concept of a steel man argument and if he had he probably dismissed as a neoliberal construct. Far easier to just rant and then ban dissenters, especially those who put forward cogent arguments.

  6. Andrew C: Not sure what Spud Junior is studying at uni but if it’s economics, God help him if he advances the sort of shyte his dad spouts.

    Certainly, though if Spud-boy has the study of economics as part of his degree course, we can hope that he might break with tradition and attend some lectures in the subject.

    To digress for a moment, I wonder whether it is possible to acquire a degree in [subject] if Captain Potato’s blog is one’s sole source of learning.

  7. Lipsey believes in AGW, so that devalues his opinion on everything else. Stopped clocks are right twice a day – is this Murphy O’Upisownarse’s stopped clock moment?

  8. I always found Lipsey to be a bit further left than I’m comfortable teaching with.

    So this is just more proof that the current left has gone off the deep end.

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