Padraic McGuinness

McGuinness, named after Patrick Pearse, was the youngest child of Frank McGuinness (1900-1949), who was the inaugural editor of Ezra Norton's Sydney newspaper The Daily Mirror in 1941. Padraic attended, first, Saint Ignatius' College, Riverview (from his time there he dated the atheist attitudes which remained constant in his adult life, whatever his changes of ideological allegiance) and then obtained a scholarship to attend Sydney Boys High School. He studied economics at the University of Sydney (B.Ec., Hons, 1960), where he became a prominent member of the Sydney Push in the late 1950s and early 1960s. At that time, he identified as an anarchist but also joined the Labor Party.[2]

After a short career as an economics lecturer at the NSW University of Technology (now the University of New South Wales), McGuinness moved to London where he worked with the Moscow Narodny [People's] Bank, an arm of the Soviet Government, from 1966 to 1967.[3] Continuing his studies at the London School of Economics, he acquired a master's degree.[4] He later worked for the OECD in Paris, and there he observed the Paris demonstrations of 1968. Having returned to Sydney in 1971, he began what would be a long tenure at The Australian Financial Review, by writing economics articles.[2]

McGuinness died from cancer on Australia Day, 26 January 2008, aged 69, having recently stood down as editor of Quadrant.[1] He was survived by his daughter Parnell Palme McGuinness, named after Charles Stewart Parnell, and two siblings: his older brother Michael and his older sister Judy. Parnell McGuinness is a columnist with the Sydney Morning Herald.[9]

According to journalist colleague Frank Devine, "Paddy was the quintessential independent thinker, scorning humbug and stupidity. He was a bloodthirsty predator among those he identified as members of the chattering classes".[10] However, he was himself frequently criticised for pomposity and hypocrisy when, for instance, he accepted an Order of Australia AO award in 2003[11] despite a long-held, vocal contempt for such honours.[12]

The day before his funeral, former prime minister Paul Keating, denigrated him as "a fraud and a liar".[13] Keating had previously paid public tribute to McGuinness for contributing to his economic education[14] but, after McGuinness became a frequent critic of Keating's government and persona, Keating described him as "a bloated cane toad",[15] and predicted that "the quality of the Australian press will rise simply because his vituperation and contumely will have been excised from it."[16]