Crossposts: http://james-nicoll.livejournal.com/4283394.html

Lifted from the Weasel King

If this error turns out to be an actual mistake Reinhart-Rogoff made, well, 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."

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