Owen Jones Admits His Book is Factually Incorrect Owen Spinning 100% Wrong Establishment Statistic

Owen Jones in “The Establishment” quotes one powerful statistic to exemplify the incestuous nature of Britain’s elite, so good that since the book’s release it has gone viral. Jones claims a 2012 study shows 92% of the top 50 publicly traded firms in the UK have a British parliamentarian as a director or shareholder. It is a ‘fact’ he repeated in an article for Channel 4 News, and during his speech to the LSE this week:

[gigya src=”https://abfiles.s3.amazonaws.com/swf/audioboom_default_player_v1.swf” style=”background-color:transparent; display:block; min-width:480px; max-width:480px;” flashvars=”image_option=none&imgURL=&link_color=%2358d1eb&mp3Author=WikiGuido&mp3Duration=29962.399999999998&mp3LinkURL=https%3A%2F%2Faudioboom.com%2Fboos%2F2567706-owen-jones-gets-his-stat-wrong&mp3Time=09.00am+16+Oct+2014&mp3Title=Owen+Jones+gets+his+stat+wrong&mp3URL=https%3A%2F%2Faudioboom.com%2Fboos%2F2567706-owen-jones-gets-his-stat-wrong.mp3%3Fsource%3Dwordpress&player_theme=light&rootID=boo_player_1&show_title=true&waveimgURL=https%3A%2F%2Fd15mj6e6qmt1na.cloudfront.net%2Fi%2Fw%2F1300901″ width=”480″ height=”150″ allowFullScreen=”true” wmode=”transparent”]

It also turns out to be a big fat blooper. Jones sources the stat to a Democratic Audit report (page 290), but as internet sleuth Jeremy Duns points out, there are two glaring problems with this:

First, Jones’ source references the stat to a 2006 study, so the figure is from considerably earlier than Jones writes in his book. More importantly, Jones’ source actually says46 per cent of the top 50 publicly traded firms had a British MP as a director or shareholder”. Not 92% but 46%, half of what Jones claims. OJ now says it was a typo:

Except it hasn’t been corrected, the 92% figure is still there if you download the e-book this morning. And if Jones is telling the truth when he says he knows it is wrong and has been corrected, why did he repeat the incorrect stat to the LSE just three days ago? Jones is now blaming his publisher for the error, but his publisher didn’t give the LSE speech. Could it be that it just doesn’t suit his overinflated conspiratorial narrative?




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

IDS responds to Juncker’s pints analogy earlier:

“Mr Juncker knows a little bit more about the bar than perhaps many of us do.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Davis: Brake Leaked His Own Letter Davis: Brake Leaked His Own Letter
Brake Misleads Bercow About Guido Story Brake Misleads Bercow About Guido Story
Labour Charge Electric Campaign Vehicle in Parliament Labour Charge Electric Campaign Vehicle in Parliament
Mr Rayner’s Alternative to Badger Cull Mr Rayner’s Alternative to Badger Cull
Sir Cover-Up, Sir Craig and the Curious Case of His Memoirs Sir Cover-Up, Sir Craig and the Curious Case of His Memoirs
Alun Cairns’ Tippy-Toes Pose Alun Cairns’ Tippy-Toes Pose
Pidcock Publicly Owned Pidcock Publicly Owned
Young Labour: Leave NATO, Abolish the City and Reject Two-State Solution Young Labour: Leave NATO, Abolish the City and Reject Two-State Solution
Salmond and Tasmina’s Boozy City Break Salmond and Tasmina’s Boozy City Break
Sunday Show Highlights Sunday Show Highlights
Tory MP’s Two Nicknames for Hammond Tory MP’s Two Nicknames for Hammond
Sadiq: “I’m an Uber Man” Sadiq: “I’m an Uber Man”
Tom Brake’s Epic Legatum Whinge Tom Brake’s Epic Legatum Whinge
Juncker: Thanks For Saving Us in The War, Now You Must Pay Juncker: Thanks For Saving Us in The War, Now You Must Pay
Tom Brake’s Epic Legatum Whinge Backfires Tom Brake’s Epic Legatum Whinge Backfires
Starmer Admits Public Clueless as to Labour’s Brexit Policy Starmer Admits Public Clueless as to Labour’s Brexit Policy
Melania Sports Sam Cam’s Cefinn Melania Sports Sam Cam’s Cefinn
Mounting Buzzfeed Losses as Staff Salaries Average £60,000 Mounting Buzzfeed Losses as Staff Salaries Average £60,000
Vince Welcomes LibDems’ Harvey Weinstein Back Into Fold Vince Welcomes LibDems’ Harvey Weinstein Back Into Fold
74% Say No Deal Better Than A Bad Deal 74% Say No Deal Better Than A Bad Deal