"all I can hope is that future historians note that one of the core empirical points providing the intellectual foundation for the global move to austerity in the early 2010s was based on someone accidentally not updating a row formula in Excel."

 "In 2010, economists Carmen Reinhart and Kenneth... »
"In 2010, economists Carmen Reinhart and Kenneth Rogoff released a paper, "Growth in a Time of Debt." [...] This has been one of the most cited stats in the public debate during the Great Recession....

[from: Google+ Posts]

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[ 17-Apr-13 6:32pm ]