Michael Murphy on the Year of the Grievance Candidate

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
Read More.
a | A

This week on Masters in Business I sit down with Michael Murphy, co-founder of the Right to Rise superpac, partner at Revolution Agency and campaign consultant for former presidential candidate Jeb Bush.

A self-described conservative, Murphy discusses the media, the state of campaign finance and how superpacs have upended the traditional election laws. His Right to Rise pac raised $100 million dollars for Bush, but has been since wound down.

We talk about the election and how Bush won the “donor campaign,” but knew it was a year where grievance candidates had the inside track. Murphy suggested the Republican primary was a “drunken bender,” and in Donald Trump the party has picked a candidate who is a long shot to win the general election.

You can hear the full interview, including our podcast extras, at iTunesSoundcloud or Bloomberg.  All of our earlier podcasts can be found at iTunesSoundcloud and Bloomberg.

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

To contact the author of this story:
Barry Ritholtz at britholtz3@bloomberg.net

To contact the editor responsible for this story:
James Greiff at jgreiff@bloomberg.net