iOS app Android app

Reinhart Rogoff Austerity

Krugman: Debunked Pro-Austerity Research 'Did A Lot Of Damage'

The Huffington Post | Posted 06.02.2013 | Business

Having a public spat with your colleagues and former classmates over the best way to fix the global economy can be “very unpleasant,” according to...

Mark Gongloff

Pro-Austerity Research Now Even More Thoroughly Trashed | Mark Gongloff | Posted 05.31.2013 | Business

The debunking of Carmen Reinhart and Kenneth Rogoff continues. The Harvard economists have argued that mistakes and omissions in their influential ...

Excel Spreadsheet Error, Ha Ha! Lessons From the Reinhart-Rogoff Controversy

Dean Baker | Posted 07.27.2013 | Business
Dean Baker

The story of the Reinhart-Rogoff error tells us a great deal about how the elites use economists and the prestige of the economics profession in order to impose their will on the public.

Larry Summers Weighs In On Research Controversy

Reuters | Posted 07.05.2013 | Business

By Lawrence Summers May 5 (Reuters) - The economics commentariat and no small part of the political debate in recent weeks has been co...

6 Ways To Tell Lies From Statistics

Bloomberg View | Betsey Stevenson & Justin Wolfers | Posted 05.05.2013 | Business

Bloomberg View: The discovery of a spreadsheet error in an influential study by Harvard University economists Carmen Reinhart and Kenneth Rogoff i...

Mark Gongloff

Reinhart And Rogoff Back Away From Austerity | Mark Gongloff | Posted 05.03.2013 | Business

Under steady attack after their seminal research was found to be riddled with errors, Harvard economists Carmen Reinhart and Kenneth Rogoff are making...

Mark Gongloff

MORE Flaws In Reinhart-Rogoff Research? | Mark Gongloff | Posted 04.30.2013 | Business

Like Scooby-Doo villains, Carmen Reinhart and Kenneth Rogoff keep getting done in by meddling kids. First, University of Massachusetts-Amherst grad...

Mark Gongloff

The Bond Market's Verdict: Austerity, Reinhart & Rogoff Are Losers | Mark Gongloff | Posted 04.30.2013 | Business

Forget about Reinhart and Rogoff, and whether they're right or wrong about the horrors of too much government debt. The bond market has spoken: There'...

Reinhart and Rogoff Shoot Back... With a Popgun

Jared Bernstein | Posted 06.26.2013 | Business
Jared Bernstein

Reinhart and Rogoff and their paper are part of the problem and if they want to do the world a favor they should try to become part of the solution. Unfortunately, that's not the tack they take in this morning's New York Times.

Deficits Are Bad and the Sun Goes Around the Earth

Dean Baker | Posted 06.22.2013 | Business
Dean Baker

Imagine that a substantial group of the most prominent astronomer insisted that the sun goes around the earth, as anyone can plainly see. There would likely be huge numbers of people who refused to accept that the earth goes around the sun. This is the state of modern economics.

Mark Gongloff

DERPONOMICS: Fitch Downgrades UK Using Discredited Math | Mark Gongloff | Posted 04.19.2013 | Business

Here's an example of why credit-rating agencies might have a bit of a credibility problem. On one of the most dramatic news days in recent history,...

Microsoft Responds To History-Altering Excel Controversy

The Huffington Post | Jillian Berman | Posted 04.18.2013 | Business

Can't we all just give Carmen Reinhart and Ken Rogoff a break? Sure, their little Excel mistake helped entire countries justify slashing budgets and s...

7 Super-Embarrassing Data Disasters

Bloomberg View | Matthew Zeitlin | Posted 04.18.2013 | Business

From Bloomberg View: Yesterday, a group of authors at the University of Massachussetts-Amherst released a paper calling into question one of the i...

Krugman: 'So Much Is At Stake' In Research Controversy

Posted 04.17.2013 | Business

What may seem like a petty debate among wonks could have major consequences for major economies around the world, and Paul Krugman wants all of you to...

Jason Linkins

Unemployed? Maybe You Should Thank Carmen Reinhart and Ken Rogoff! | Jason Linkins | Posted 04.16.2013 | Politics

Are you unemployed? Perhaps you should blame some of America's most celebrated economists, and their troubles with math. Tuesday's big non-Boston n...

Mark Gongloff

Study: Widely Cited Pro-Austerity Research Riddled With Errors | Mark Gongloff | Posted 04.22.2013 | Business

Influential research by U.S. economists Carmen Reinhart and Ken Rogoff, touted by policymakers pushing government austerity in the United States and E...