Richard Murphy

Biography

"Richard Murphy was appointed as Professor of Practice in International Political Economy at City University in September 2015. Richard is a UK chartered accountant and political economist whose main areas of research relate to taxation and its impact on local, national and international economies and the relationships within and between them. Richard was a practicing chartered accountant and corporate director for more than 20 years before becoming one of the co-founders of the Tax Justice Network. He combines his current role with directorships of Tax Research UK and the Fair Tax Mark. Richard writes a daily blog at http://www.taxresearch.org.uk/Blog/ . His books include: • ‘Tax Havens: How Globalization Really Works. Cornell Studies in Money’ jointly with Ronen Palan and Christian Chavagneux, 2010. Cornell University Press. • ‘The Courageous State’, Searching Finance, 2011 • ‘Over here and under-taxed’, Vintage, 2013 • ‘The Joy of Tax’, Transworld, October 2015 Richard’s work has been widely used by politicians and regulators. He was the creator of the country-by-country reporting concept that became one of the OECD’s recommended bases for reporting the taxable income of multinational corporations in 2014 in an attempt to beat profit shifting and tax avoidance by those companies. In the summer of 2015 Richard was widely credited with being the author of ‘Corbynomics’, which was the economic programme on the basis of which Jeremy Corbyn became leader of the UK Labour Party. He is, however, not a member of any political party."

Research Interest

"The relationships between money creation, taxation and the structuring of macroeconomic policy - Tax gap and issues relating to it including the identification of tax evasion and tax avoidance and how to address those issues - The need for accounting reform to ensure sufficient relevant and reliable data is available to assess taxes on business profits - Alternative uses of quantitative easing for social and environmental purposes."