luzribeiro: (Mic)
[personal profile] luzribeiro
You know what the most horrifying words are for a scientist? "I cannot repeat your results". But for the economists Kenneth Rogoff and Carmen Reinhart of Harvard, the words should probably sound like "I think you made an Excel error".

Some might have already heard of the scandal that broke out about the research of these two economists of renown, whose works have hugely influenced governments and economic policies throughout the world ever since the publication of their paper. Particularly governments looking for scientific reference in support of possible austerity measures and similar policies. But here it is:

http://www.newrepublic.com/article/112951/kenneth-rogoff-carmen-reinhart-and-world-excel-error-research

Some more...

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