Lifted from the Weasel King

[james_davis_nicoll]

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."

Comments

[martin-wisse.livejournal.com]

If I'm not mistaken, we're now in the"actually, it turns out the oceans are a pretty large heatsink" phase of climate change, aren't we?

Which is sort of holding off the raising of the average global temperature, but isn't all that good in itself.

[rwpikul.livejournal.com]

You're not mistaken, the heat content of the oceans has been climbing quite steadily.

Where the heat is going.

What happens if you remove things like el Ninos.