Early day motion tabled by primary sponsor Rhodri Morgan (Labour), on Monday, 25 January 1993, in the House of Commons. It is signed by 67 members in total.

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CARDIFF BUSINESS SCHOOL AND PROFESSOR PATRICK MINFORD

That this House deplores the ??250,000 grant made over five years by the Cardiff Business School to Professor Patrick Minford of the University of Liverpool to study the Welsh economy; considers that these resources would be far better spent in building up real expertise in regional economic forecasting, than in bailing out a failed monetarist who has lost his ??100,000 a year Economic and Social Research Council funding and whose main function in the 1980s was to give a cloak of academic respectability to Thatcherism as a system of monetarist political economy, which did such devastating damage to the Welsh economy in that decade; and finds totally ludicrous the Cardiff Business School's assertion that Professor Minford's research work in Cardiff 'should provide a major input into policy decisions relating to the Welsh economy', an area of policy-making in which Professor Minford is singularly unqualified and from which he should be kept at a safe distance.

Amendments

The Early day motion has received 2 amendments.

1239A1

leave out 'deplores' and insert 'notes'.

1239A2

leave out from 'resources' to end and add 'represent a valuable and well-directed use of funds; and recognises the credit brought to Liverpool University by the work of Professor Minford and the Liverpool Six.'.

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Secondary information

Type

Early day motion

Reference

1239 

1239A1 

1239A2 

Session

1992-93

Subjects

Economics Cardiff Business School Minford, Patrick

Link

View this Early day motion on www.parliament.uk