Tuesday, April 16, 2013

What The Austerity Paper’s Intellectual Collapse Tells Us About Modern Journalism

What The Austerity Paper’s Intellectual Collapse Tells Us About Modern Journalism: Tuesday afternoon, Mike Konczal transformed the debate over austerity and growth by reporting new study finding that a paper by Carmen Reinhart and Kenneth Rogoff that served as one of the principal intellectual justification for austerity turns out to be have been fatally flawed. Its conclusions, for example, were based in part on an elementary [...]/p