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From an American Professor

Alas, the sources of economic idiocy will never run dry, as your own, ever-amusing “ragging on Ritchie” series demonstrates. Keep up the good work!

Via email…….

12 thoughts on “From an American Professor”

  1. The Meissen Bison

    From an American Professor – just a single solitary professorship on its own? Pah! Captain Potato raises him two.

  2. Ooh, we can play guess the professor.

    Hmmm, Krugman? No
    Mnuchin? Is he still one?

    At 60/1 I’d put a fiver on Don Boudreaux

  3. None of those, no. Someone I’d not previously heard of. But someone who investigates folk economic beliefs for a living. The standard heuristics work well in small groups, as we’d expect given cultural evolution, but lead us astray when we get to large groups.

  4. If you look at Murphy’s supporters I doubt anyone teaches economics in the classical sense. Most appear to be from ‘political economy’ or what in Cambridge was the SPS (Human, Social and Political Sciences) faculty. The latter provides almost all the support for woke ideology and ideally should be nuked forthwith. As Sigourney Weaver said in ‘Aliens’

    ‘Nuke the place from orbit – only way to be sure’

  5. This is one of the most asinine things I have ever read, even by thick Dick’s standards

    Second, corporation tax is efficient when compared to taxing shareholders on the profits companies make. We simply do not know who the shareholders in many companies are, with this being especially true in the case of multinational corporations.

    He is a practising accountant and doesn’t know about the Register of Shareholders that every company has to maintain

  6. @Diogenes

    I assume he means he doesn’t know that I own shares in Amazon (fucking antitrust bollocks), Apple and Barrett Homes, the twat.

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