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+ - Blame austerity on Excel ..-> 1

Submitted by Anonymous Coward
An anonymous reader writes "From Mike Konczal, summarizing a new study that says Carmen Reinhart and Ken Rogoff made a coding error in a famous paper claiming that economic growth slows down in countries with debt levels above 90 percent of GDP:"
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Blame austerity on Excel ..

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  • Do you have to be some sort of statistical genius to demonstrate that high levels of debt impede economic growth? Are you kidding?

The reason that every major university maintains a department of mathematics is that it's cheaper than institutionalizing all those people.

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