Niall Ferguson Doubles Down
Posted on August 22nd, 2012 in Uncategorized | 7 Comments »
In the Daily Beast today, the Harvard celebrity professor defends himself by attacking “the liberal blogosphere.”
The other day, a British friend asked me if there was anything about the United States I disliked. I was happily on vacation [Blogger: If history is any indicator, this is probably true] and couldn’t think of anything. But now I remember. I really can’t stand America’s liberal bloggers.
….the spectacle of the American liberal blogosphere in one of its almost daily fits of righteous indignation is not so much ridiculous as faintly sinister. Why? Because what I have encountered since the publication of my Newsweek article criticizing President Obama looks suspiciously like an orchestrated attempt to discredit me.
You know, I made a Joe McCarthy joke (those are always good) yesterday when Ferguson first made this insinuation, about which he has no facts whatsoever, because it’s an absurd charge and there are no facts to muster. Now Ferguson is making me look prescient.
His suggestion that there is an organized, “sinister” campaign to discredit him reeks of paranoia and self-importance—charming combination. No such cabal exists. It’s simply that there are a lot of people who care about accuracy in journalism, particularly when a Harvard professor writes a cover story in a once-respected national publication headlined “Hit the Road, Barack.”
And, yes, many Americans feel very strongly about the current presidential campaign, and when a high-profile scholar writes a piece arguing that the current president should be rejected, he should expect some pushback. Especially when—and this may be unfair, but I don’t really think so—that writer is not himself American. (I’ve no doubt the Brits would feel the same way should the parallel occur.)
But I digress.
Their approach is highly effective, and I must remember it if I ever decide to organize an intellectual witch hunt. What makes it so irksome is that it simultaneously dodges the central thesis of my piece and at the same time seeks to brand me as a liar. The icing on the cake has been the attempt by some bloggers to demand that I be sacked not just by Newsweek but also by Harvard University, where I am a tenured professor. It is especially piquant to read these demands from people who would presumably defend academic freedom in the last ditch—provided it is the freedom to publish opinions in line with their own ideology.
An intellectual witch hunt? The man who’s resorting to McCarthyism has the gall to invoke Salem.
There is a bitter undercurrent to Ferguson’s responses that isn’t helping him. His tone combines outrage and a sense of victimhood particularly unattractive in someone who’s living such a privileged life—and wrote such a didactic, bilious essay.
For example: In the second paragraph of this cri de coeur, Ferguson writes that his critics ” claim to be engaged in ‘fact checking,’ whereas in nearly all cases they are merely offering alternative (often silly or skewed) interpretations of the facts.”
All right, let’s fact-check. Ferguson writes in the third paragraph that “some bloggers” have demanded that he be “sacked” by Harvard. To the best of my knowledge, precisely one blogger, Brad DeLong, has done so. (Like Harry Lewis below, by the way, I strongly disagree with DeLong’s suggestion.)
So…not “some bloggers” at all, right? One blogger. Maybe not the biggest fact in the world, but you know, when you say that your critics’ fact-checking is all bollocks, you should try to get your facts right, not exaggerate so as to portray yourself as an intellectual martyr.
Ferguson’s response to DeLong is all maturity and grace:
My own counter-suggestion would be to convene a committee at Berkeley to examine whether or not Professor DeLong is spending too much of his time blogging when he really should be conducting serious research or teaching his students.
Niall Ferguson doesn’t really want to debate whether a professor’s outside activities are taking away from his teaching and research.
Ferguson reiterates his main critiques of Obama; the economy’s not very good, Ron Susskind says policymaking was chaos, the president has no foreign policy.
Fine, whatever.
But even in this mode, Ferguson comes off as—I don’t mean to be crude, but—kind of a dick.
For example:
In supporting his case against Obama’s foreign policy, he says this: By the way, I base these judgments on a great many off-the-record conversations with influential policy-makers here and abroad. When a very senior military man asks you: “Have we any global strategy beyond just trying to hang on?,” you have a right to wonder if the answer might be “No.”
Oh, well, suddenly I’m all impressed. Never mind. You’re basing your sweeping conclusions on off-the-record conversations! With anonymous influential policymakers!
Gosh, if only I’d known that, I would never have said a word.
(I must point out the tautology here: As far as we know, these influential policymakers are influential only because they have influenced Niall Ferguson. This military source, for example, doesn’t sound as if he feels particularly influential.)
Oh, and Mr. Ferguson, here’s one tip from a humble journalist: There’s not a “high-level” American military official alive who would use the construction, “Have we any global strategy…?” So why should we care what an unnamed British general says about President Obama’s foreign policy? Or maybe he was talking about England’s? The West’s? Who knows?
Language—it gives away deception.
Ferguson closes:
I don’t usually waste time on this kind of thing. In the Internet age, you can spend one week writing a piece and the next three responding to criticism, most of it (as we have seen) worthless.
I love that “most of it (as we have seen) worthless.” This is an ego out of control.
But there comes a point when you have to ask yourself: has the American public sphere so degenerated that it is now impossible to make the case for a change of president without being set upon in cyberspace by a suspiciously well-organized gang of the current incumbent’s most ideologically committed supporters?
Now that really would be something to dislike about this country.
The poor fellow. He writes a factually-dubious piece arguing for the defeat of the president of the United States, and when he is roundly denounced for the silliness of that piece, he responds with a straw man—that “suspiciously well-organized gang”—that only makes him look ridiculous. Professor, could you please just indicate one, any, sign of that sinister organization other than the fact that everyone involved has Internet access?
The problem, Mr. Ferguson, is that it’s not the bloggers damaging your reputation. It’s you.
7 Responses
8/22/2012 9:34 am
Oops!:
http://www.ritholtz.com/blog/2012/08/open-mouth-insert-foot-going-viral/
8/22/2012 2:54 pm
RT. On the street (and elsewhere), Ritholtz has become a bad joke, so don’t pay much attention to him.
RB. There was a Cassidy piece in The New Yorker which was poorly written. He relied heavily on Matthew O’Brien’s column in The Atlantic. All that column showed was that The Atlantic should not have O’Brien writing about financial topics. O’Brien makes many statements which show an ignorance about basic topics of finance and fiscal policies. Both fall for some of Krugman’s thoughts, thoughts which have been wrong. The MSM, however, gives the Princeton professor a pass.
8/22/2012 3:47 pm
He’s just the messenger, Sam. Look for a minute from 3:55 on the Bloomberg interview, and tell me if you think NF wasn’t under the impression the (temporary, census-driven) spike in early 2010 was caused by the stimulus. That’s what he’s talking about.
Is Krugman also wrong on this:
http://krugman.blogs.nytimes.com/2012/08/22/the-census-zombie-eats-another-brain/
8/22/2012 4:50 pm
RT
You ask if Krugman has been right on his criticism of Ferguson re census hires. Depends on how you read the employment numbers. In fact, even according to The Fed, the stimulus had only a short term effect on the employment numbers.
Not only was it short term, but it was very costly. The Fed estimated that by March 2011, three million workers were added at a cost of close to 700 billion. So much of the stimulus was wasted money. The President that I voted for projected a certain unemployment rate if only the stimulus were passed. Has he been right Richard?
You asked if Krugman was right on a certain minor topic. I would ask you if he has been forthright on a much more important topic. He has said “if “people in the markets truly believed Ferguson’s analysis, the U.S. government would never be able to issue ten-year bonds with a yield of well under two per cent.” Forthright or not?
If you want to see how this plays out and see how wrong Krugman is going to be on many of his pronouncements, and how badly The Fed is continuing to botch the long term financial health of our country, I would suggest that you read the preface and preamble to Reinhart and Rogoff’s This Time Is Different. What we’re going through now (and what will likely happen) is covered brilliantly in those two sections of their book.
A little bit down the road, perhaps this year, perhaps next or the year after, our Fed manipulated market is all going to come tumbling down with consequences that will make 2008 and early 2009 look like paradise.
I wish I could vote again for the man I voted for in 2008. I would like nothing better than to do so. He is an incredibly decent man (I have that on very good authority). However, I really believe The President has not done a good job in solving the major issue facing the country… people want jobs and a growing economy. We don’t have it. Wall Street has it, but Main Street does not.
Of course, there is no way I could ever vote for Governor Romney.
That’s probably why I’m going to vote for Gary Johnson, former governor of New Mexico, the Libertarian Party candidate. I don’t agree with everything he has to say, but agree with him on many more things than any of the other candidates, including the social issues, where he is left of center. If all of my grandparents, over and over again, could vote for Norman Thomas, a Socialist, I can certainly follow in their footsteps in voting for a third party candidate.
8/22/2012 5:36 pm
Good questions, Sam, which I of course can’t really answer for you.
My question had more to do with your parsing that minute or so. I’ve satisfied myself (from looking around here ad there) that the spike in public jobs in early- to mid-2010 was due to temp census hirings not stimulus
I’ve been meaning to look at Reinhart and Rogoff, so will do so.
So, money market? Gold?
I partly agree on Obama, but will vote for him, and have even started giving some money again.
If Isaac hits the Tampa Convention will anti-Mormon fundamentalists make the obvious connection?
8/22/2012 6:01 pm
And will Republicans finally accept that climate change is real? (Answer: Probably not.)
8/23/2012 5:52 am
Sam, it looks to me like answering your arguments will be incredibly easy. They are very very thin. But first let me ask what it is about Krugman’s quoted statement that you consider un-forthright.
I won’t probably try to refute your predictions, since they haven’t been proven wrong yet. But it’s worth noting that they are the same sorts of predictions (probably centering on inflation) that Ferguson himself and many others have been churning out every few months since 2009. They have been wrong every time so far, while Krugman has been exactly right. Moreover, the prices that should augur the dangers they foresee refuse to budge. So my answer about the coming loose-money disaster is: Pfffffff.
More answers to come on the substance of past and present events and arguments.