7 Data Disasters More Embarrassing Than Reinhart and Rogoff's

Yesterday, a group of authors at the University of Massachussetts-Amherst released a paper calling into question one of the intellectual cornerstones of post-financial-crisis economic thought. The authors, Thomas Herndon, Michael Ash and Robert Pollin, said they had found three errors in research done by the economists Kenneth Rogoff and Carmen Reinhart, who had demonstrated that there seemed to be a tipping point where a country with public debt greater than 90 percent of its gross domestic product would face sharply slower growth.

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