Wednesday, April 17, 2013

How Much Unemployment Did Reinhart and Rogoff's Arithmetic Mistake Cause?

How Much Unemployment Did Reinhart and Rogoff's Arithmetic Mistake Cause?
"If facts mattered in economic policy debates, this should be the cause for a major reassessment of the deficit reduction policies being pursued in the United States and elsewhere. It should also cause reporters to be a bit slower to accept such sweeping claims at face value."