In this age of information, math errors can lead to disaster. NASA’s Mars Orbiter crashed because engineers forgot to convert to metric measurements; JPMorgan Chase’s “London Whale” venture went bad ...
Getty Images Harvard University professors Carmen Reinhart and Kenneth Rogoff Carmen Reinhart and Kenneth Rogoff are at the top of the economics profession, with influence inside and outside the ...
They're calling it the "Excel Error Heard Round the World": Kenneth Rogoff and Carmen Reinhart's widely cited paper about the relationship between public debt and ...
In their response, Reinhart and Rogoff—hereafter RR—admit to the arithmetic mistakes, but argue that the negative correlation between debt-to-GDP ratio and growth in the corrected data still supports ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. From Mike Konczal, summarizing a new study that ...
You know the much-ballyhooed theory that high national debt always correlates to crappy economic growth? The one that’s trotted out on a regular basis by politicians arguing for austerity budgets and ...
How did Reinhart and Rogoff's now-infamous (ok, in economics circles) Excel error make it through a peer-reviewed journal? Answer: it wasn't a peer-reviewed journal ...
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Add Yahoo as a preferred source to see more of our stories on Google. Getty Images Harvard University professors Carmen Reinhart and Kenneth Rogoff Carmen Reinhart and Kenneth Rogoff are at the top of ...