Tuesday, July 15, 2014

Paid to condescend

Surely I can't be the only person who's finding the outright bitchiness of Judith Sloan towards economists (or economics writers) she disagrees with to be so unprofessional that it's pretty funny.

Her total disdain towards Joe Stiglitz, which she seemingly chose to keep covered up until she was sitting on the QandA panel with him last week is today given full flight in The Australian.  (I assume he has flown out of the country?)  

First, she spends a fair amount of time telling us how we shouldn't be so impressed with economists just because they won a Nobel prize.   (Just a little bit jealous about the attention prize winners get, Judith?)

Then it's the use of "pal" that's dripping with condescension:
Here’s a tip, pal: there is no evidence Abbott thinks that the American model, whatever that might mean, should be emulated. In fact, Americans should be asking us for advice. After all, we are entering our 23rd year of continuous economic growth, per capita income has grown strongly and unemployment is lower than in the US.

Winging his way around Australia, the Nobel-winning evangelist hardly drew breath while spreading the gospel about the many evil aspects of his country, including its universities, its healthcare system and its financial sector. He pleaded with us not to follow suit. Here’s another tip, pal: we are not about to become America anytime soon.
Well isn't that just a bit bizarre - a labour economist (I'll come to that later) who blogs at a libertarian site which routinely supports American libertarian and Republican ideas regarding the importance of low minimum wages, deregulation of just about everything, and ignoring climate change as not happening is telling an American economist to come and copy our ideas?   (And who was that woman in the audience at QandA who took the same line with Stiglitz - a friend of Judith's, or at least a member of the IPA, I'd be prepared to take a wager on that.)


I don't have a problem with Sloan running a line like "let's not exaggerate and say that the Abbott changes will result in something identical to the American system."   But at the same time, she can't credibly deny that on the scale between existing Australian ways of doing health, education, welfare and climate policy (for example), and the American approaches to those matters of government,  there is no doubt that  Abbott  is moving the country much closer to the American end of the scale.   (I would say that the biggest difference between the countries will remain in health, but the "big bang" change to full university fee deregulation is a move most people have already worked out is getting too close to the American system.)  

There was no need for Sloan's condescension in the debate, and if she is going to only deal with economists not in complete agreement with her by considering them fools, perhaps she should give up the pocket money she makes from writing for a national newspaper.

The other funny thing she wrote recently was at Catallaxy, where she opens a post disagreeing with a column Ross Gittens wrote:
Actually, Ross, the debate on the minimum wage has come and gone and Gittins is the one looking the goose.  And here’s the thing: I am a labour market economist and you are not.
 Ha!   

She then spends time telling us what the state of play is regarding certain labour economics ideas.   Yet Matt Cowgill, in a post in which he refrains from using the word "bitchy," explains that we have good reason to be skeptical of Judith's explanation of the state of play amongst "labour economists" on at least one issue.

The funniest thing by way of understatement happens in comments to Cowgill's post:
In my opinion, Judith is someone who perhaps allows her political ideology to overly influence her economic perspective. I wonder if, as a result, she’s not open minded enough to evidence that might conflict with her preconceived views.
Perhaps? !!   Ahahahaha.   There is no "perhaps" about it.

2 comments:

nottrampis said...

Judy is a joke. I think the peroxide infects her brain.
Remember she was saying we had a problem with industrial disputes and that we had a wages break out. That is equal to Davidson's stagflation.
She also said the NBN was not on the government's balance sheet. Except it was, it always was for anyone who reads budget documents.

It is astounding for a person who clearly gets things so palpably wrong she uses the language she uses.
It is called projection. It is very common over at Catallaxy

nottrampis said...

I used this as part of one my columns.
Why recreate the wheel!