There IS a lot of bullshit from Hickel. He repeats old misunderstandings of @GFI_Tweets figures that even GFI doesn't use anymore.
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"65% of illicit financial flows are commercial tax evasion" "through trade misinvoicing and transfer mispricing"
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"This is illegal, theft" "MNCs steal money by lying on their invoices" "It outstrips aid and FDI many times over"
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"They do it by shipping ballpoint pen for $1000, $4000 for kilo of toilet paper"
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This is all nonsense on stilts. Repeated misunderstandings framed with loaded languagehttps://www.cgdev.org/publication/can-stopping-tax-dodging-multinational-enterprises-close-gap-development-finance …
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It does not bear any resemblance to the actual discussions about taxing multinationals, or take into account the big problems with the old trade misinvoicing estimates
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Jason won't read this because he's blocked me, and last time I pointed this stuff out he had his boss at
@TheRulesOrg write to my boss at CGD and ask if I was a "rogue agent" https://www.google.com/amp/s/amp.theguardian.com/global-development-professionals-network/2017/jan/18/its-not-aid-in-reverse-illicit-financial-flows-are-more-complicated-than-thath …1 reply 0 retweets 1 likeShow this thread -
Which is odd because when people like
@BrankoMilan and@MartinRavallion disagree with him he writes blog posts to explore their differences of opinion
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Anyway most people who have been paying on
#IFFS do now know that these figures and the way Hickel is still interpreting them are bullshit. So someone who isn't me could him could tell him.2 replies 1 retweet 2 likesShow this thread
The bit with the numbers I'm talking about is at the beginning and 19' in if anyone wants to listen. It's smug, lazy interviewing. If someone told you they have data showing that major multinationals are stealing a trillion $ a year, wouldn't you even ask who from??
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