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SUMMARY:St Catharine's Political Economy Seminar Series - Speaker: Richard
  Murphy  - Richard Murphy
DTSTART:20160420T170000Z
DTEND:20160420T183000Z
UID:TALK63291@talks.cam.ac.uk
CONTACT:Philippa Millerchip
DESCRIPTION:Talk Title: ‘Will austerity work?’\n\nSpeaker\nRichard Mur
 phy is a UK chartered accountant and political economist. He was senior pa
 rtner of a practicing firm and director of a number of entrepreneurial com
 panies before becoming one of the founders of the Tax Justice Network in 2
 002. He now directs Tax Research UK and writes\, broadcasts and blogs exte
 nsively\, the latter at http://www.taxresearch.org.uk/Blog/.  Richard was 
 appointed as Professor of Practice in International Political Economy at C
 ity University in September 2015. During the summer of 2015 he was widely 
 credited with creating  Corbynomics’ and is the creator of the idea now 
 known as People's Quantitative Easing. Richard’s latest book is ‘The J
 oy of Tax’ \n(Bantam\, October 2015). Richard created the country-by-cou
 ntry reporting concept and has been credited with creating much of the deb
 ate on tax gaps in the UK and Europe. He also defined the term ‘secrecy 
 jurisdictions’\, now widely used in debates on offshore. He has been inv
 olved in many of the stories on corporate tax abuse that have made headlin
 es in recent years. Richard is joint author of 'Tax Havens\, The True Stor
 y of Globalisation'\, Cornell University Press 2010 and sole author of 'Th
 e Courageous State'\, Searching Finance\, 2011. In 2012 the Association of
  International Accountants gave Richard their award for an outstanding con
 tribution to the accountancy profession. He was named the seventh most inf
 luential person in international tax by the International Tax Review in 20
 13. In 2015 the Sheila McKechnie Foundation named him as their Economic Ju
 stice Campaigner of the Year.\n \nTalk Overview:\nRichard Murphy will talk
  about issues surrounding austerity\, its perceptions and the potential po
 litical reactions to it. The talk will build on a paper Richard co-authore
 d with Prof Ronen Palan of City University in November 2015 in anticipatio
 n of the Spending Review published that month but will also bring in theme
 s relating to UK tax reform\, the prospect of raising additional taxation 
 and creating greater social justice by tackling the UK tax gap (a theme th
 at was created by Richard but adopted by Jeremy Corbyn in the summer of 20
 15) and the funding of new infrastructure to get the UK out of economic st
 agnation (People's Quantitative Easing). The suggestion that will be made 
 is that not only will austerity not succeed in balancing the UK government
 ’s budget but trying to deliver that goal will lay the foundation for ma
 jor political upheaval in the UK. \n\nAll are welcome to attend. \nThe sem
 inar series is supported by the Cambridge Journal of Economics and the Eco
 nomics and Policy Group at the Judge Business School.\n\nPlease contact th
 e seminar organisers Philip Arestis (pa267@cam.ac.uk) and Michael Kitson (
 m.kitson@jbs.cam.ac.uk) in the event of a query.
LOCATION:The Ramsden Room\, St Catharine's College
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