Perils of prediction

The observation “Prediction is risky, especially about the future”, attributed to US baseball legend Yogi Berra, is true for more reasons than one. The obvious risk is that events may prove you wrong. But there’s a also the risk that your prediction may be misrepresented, a risk that’s particularly severe when you have enemies like the Murdoch Press. I courted this risk by being too cute with my prediction after the 2007 election, which began

The Liberal Party will never again win a federal election.

I followed up immediately with

This isn’t a prediction of unending Labor rule, rather an observation that the Liberal and National parties are in such dire straits that they can’t continue as they are. They haven’t got enough support, parliamentary representation or ideas for one party, let alone two.

The obvious option is a merger

but the damage was done.

The first sentence has been quoted by various rightwing bloggers, and most recently in the Daily Telegraph[1], as a suggestion that the conservatives would never get back in.

So, contrary to the claims of the Tele, the fact that the merged Liberal Nationals won in Queensland is a confirmation the prediction in the post. The post also predicted the defeat of the NSW Labor government in 2011, but I thought it unlikely, unless “things go badly wrong for Rudd or for one of the state governments” that the conservatives would win before then.

In fact, of course things have gone very badly for Rudd, and Labor has made catastrophic mistakes at every level. Nevertheless the prediction wasn’t far off the mark with Labor winning five state and territory elections and (by the narrowest of margins) one federal election, and losing two over the relevant period.

At the federal level, the idea of a merger seems to have died, though the current situation is absurd . The National Party leaders in both the House and Senate are members of the merged LNP in Queensland. Still, it seems likely that this misshapen coalition will win the next Federal election. If that happens, I will gracefully admit that my prediction was wrong. But until then, to use another US sporting catchphrase, “It ain’t over till the fat lady sings”.

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What to do about Rupert?

There’s been a lot of discussion about the Finkelstein report on the media, nearly all of which (along with the report itself, from what I can infer, having not read it) misses the point. To start with, it’s clear that the central problem motivating the inquiry in the first place is that most Australian daily newspapers are owned by News Corporation, which routinely prints lies, uses its power to demand, and receive, politically favorable treatment and, at an international level, engages in systemic corruption including fraud, bribery of public officials, blackmail, and much more, not to mention the routine criminality of illegal spying on its targets.
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The Oz as a (dysfunctional) group blog

The latest round of controversy between Robert Manne and The Australian has followed a pattern that is now familiar. Manne presents the evidence that The Australian routinely distorts the news to fit its political agenda, and equally routinely denies that it has any such agenda. The Oz responds with a stream of opinion pieces, snarky items in Cut and Paste, objectionable cartoons and so on.

If we try to understand this in old media terms, it’s a bit hard to follow. Not only does the Oz violate basic rules like separation between news and opinions, but its reactions seem absurdly oversensitive. As I and others have demonstrated many times now, a single piece of criticism from a relatively obscure academic can drive the country’s only national newspaper (not counting the Fin with its special focus) into absurd paroxysms of rage.

On the other hand, if you think of the Australian as a rightwing group blog (readers can fill in their own examples), everything makes sense.

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Scandal

I’ve never been a big fan of scandals, but occasionally you can’t ignore them. That’s true of the scandals currently afflicting the Labor government. As regards the Thomson accusations, if he is guilty he should resign his seat and will in any case be forced to do so if convicted. That will probably end the government if it happens, but there’s not much I can add in the way of political analysis.

The accusations against Julia Gillard published, and quickly retracted, by The Australian under Glenn Milne’s byline are a different matter. Not only has the content of the retracted article become public knowledge, but News Limited appears to be walking back from what at first appeared to be an unreserved apology, notably in comments by Hartigan and in Andrew Bolt’s column on the topic.

In these circumstances, Gillard has no alternative but to disprove the allegation that she derived a financial benefit, even unknowingly, from the fraud committed by her former boyfriend. That seems like a pretty clear-cut question of fact, which should admit a resolution even nearly 20 years after the event.

On the other hand, if the falsehood of the allegation can be proved, the case that News Limited in Australia is playing the same dirty tricks as its UK and US operations becomes all that much stronger, as does the case for treating the entire organisation as a political propaganda/lobbying operation rather than a newspaper publisher in the traditional sense. And, of course, Gillard would have a very strong case for defamation.

All of this pretty much kills my suggestion for a graceful exit by Gillard after the passage of the carbon tax. Until she can put this one to rest, a resignation would look like an admission of guilt.

Oz meltdown continues

After Michael Stutchbury’s full-length hit piece, and at least two Cut&Paste snark items in the last week, I would have thought the Oz would have had enough of sliming me for a while. But no, it’s back with yet more.

This time, it has delved into the primordial and come up with Graham Young, last seen scoring a double Godwin with pike, making both Nazi and Communist analogies in a single post.Young pushes the now-standard Oz “help, I’m being oppressed line”, naming me and Clive Hamilton as the enforcers of orthodoxy.

I’m starting feel guilty turning the full power of my blog against a mere national newspaper, backed only by a multi-billion dollar corporation. I’ll talk it over with Clive at the next meeting of the central committee.

Murdochracy vs Quiggin: One last snark

In citing Steve Williamson’s negative but content-free review of my book, the Oz Cut and Paste section decided to puff Williamson’s credentials as an expert (an interesting move in the light of Paul Krugman’s evisceration of this kind of rank-pulling argument from authority).

Sad to say, the Oz proved as unreliable as ever on this topic. It described Williamson as “the doyen of modern monetary policy”. “Modern monetary policy” (and, even more, “modern monetary theory”) is a term most closely associated with the post-Keynesian chartalist school.[1] Williamson’s actual claim to fame is something called “New Monetarism”, which is about as strongly opposed to Keynesianism as you can get (at least while still doing DSGE-style macro). But such subtle distinctions are lost on the knee-cappers at News Limited.

fn1. I guess the Oz could be claiming that the term “modern’ here just means contemporary, and that Williamson is the dominant figure in guiding monetary policy today. It’s hard to know whether this more insulting to Ben Bernanke or to Williamson himself, who isn’t exactly a fan of actually existing modern monetary policy.

Murdochracy vs Quiggin: another round

A couple of very minor updates on my stoush with News Limited, and particularly the Oz. In my response to Michael Stutchbury I raised two main complaints. First, Stutchbury was being precious in complaining about vigorous language on my part, given that the Oz editorial team (writing under cover of anonymity) had accused me of having a totalitarian mindset, but didn’t have the guts to name me, referring instead to an opinion writer in a financial tabloid. My second complaint was that Stutchbury was being disingenuous in claiming that the Oz supported carbon prices.

The other day, my Facebook news feed included a link to a Stutchbury piece from July referring to Abbott “mounting a powerful case against Gillard’s carbon tax”. Not exactly consistent with the supposed Oz line! As you would expect from someone who opposes a per tonne tax on something he believes to be weightless, Abbott’s arguments were in fact lame. The points that most impressed Stutchbury relied on Bjorn Lomborg’s Copenhagen Consensus exercise, something that even people on the right saw through years ago.

Trying to locate the piece again, I stumbled on this piece of snark (scroll to the end) in the “Cut and Paste” section, where the anonymous troll who runs the piece thought it clever to repeat the “opinion writer in a financial tabloid” jibe. Totally gutless. And these guys look down on bloggers.

Meanwhile, the Australian’s War on Science continues. Tim Lambert has instalment #67.

Update And, what do you know? Twitter tells me that today’s Cut and Paste has cited the Williamson review of Zombie Economics, without, of course, mentioning the fact that it has been comprehensively trashed in the blogosphere. I wonder if Williamson would be happy about being quoted approvingly by the gutter press. As for me, any publicity is good publicity. If the Oz opinion page weren’t so unreadable, I could expect a bit of a bump in book sales from this free plug.

Meltdown at the Oz: Quiggin edition

The Oz has always been thin-skinned, and my piece in the Fin the week before last attacking the Murdoch press (I’ve reprinted it over the fold) was bound to elicit a reaction. It came in the form of a full-length hit piece, written by Michael Stutchbury and including a fair few quotations to this blog. The headline An economist who is good in theory but on the far left in practice gives the general line. It has a bit of a phoned-in feel, like an exercise in party solidarity rather than a sudden concern with my errors and obviously wasn’t a spontaneous outburst – Stutchbury told me had been directed to write it. That’s part of the price of working for the Empire these days (compare Caroline Overington’s part in the attack in Julie Posetti).

Mostly, the piece doesn’t misrepresent me – it’s quite true that I think Barack Obama is too centrist, and that Julia Gillard doesn’t care about equality. However, as I said to Stutchbury during our phone conversation, it’s a bit precious to complain about various pieces of colorful language on my part in a paper which referred to me as having a “totalitarian mindset”. At least, unlike the anonymous editorialist who penned that description, Stutchbury calls me out by name rather than coyly referring to “an opinion writer in a financial tabloid“.

More significantly, Stutchbury ducks the issue on climate change, saying

On climate change, Murdoch has backed giving the planet the benefit of the doubt. The Australian supports putting a price on carbon over Tony Abbott’s direct action. But the journalistic default should include some scepticism over whether scientists can accurately predict the climate decades ahead.

He must be reading a different paper to the one that has now racked up 60+ entries in Tim Lambert’s Australian War on Science series. And that’s without considering the truly appalling stuff put out by News International outlets like Fox and the Sunday Times.

Update Michael Stutchbury has called me to take issue with my statement that he told me he had been directed to write the piece. That was my recollection of our conversation, but he was very firm in rejecting it, and I’m not going to insist on my version of events, so I’ve struck out that part of the original post.

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