Absolutely mind boggling..
"in their Excel spreadsheet, Reinhart and Rogoff had not selected the entire row when averaging growth figures: they omitted data from Australia, Austria, Belgium, Canada and Denmark.
In other words, they had accidentally only included 15 of the 20 countries under analysis in their key calculation.
When that error was corrected, the “0.1% decline” data became a 2.2% average increase in economic growth."
And as the underlaying New York Review article notes, the erroneous "claim was widely cited by politicians and accepted as a factual justification for austerity, to the extent that Paul Krugman thought it “may have had more immediate influence on public debate than any previous paper in the history of economics.”"
@SebaYapo@sigorigo@ignaciobriones_ Bajo musk es cuando más requerimientos por parte de gobiernos de borrado de post/cierre de cuentas se han efectuado
🤣
Trump: "I had a great meeting by a person who I have a lot of respect for. She has respect obviously for me and our country. And she gave me her Nobel Prize, but I'll tell you what -- I got to know her. I never met her before. And I was very very impressed. This is a fine woman."