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 ...

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 ...

Austerity has become almost like a four-letter word in some circles. It’s used to describe policies meant to reduce government spending and debt that may be painful in the here and now -- measures ...

An economics paper claiming that high levels of national debt led to low or negative economic growth could turn out to be deeply flawed as a result of, among other things, an incorrect formula in an ...

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 ...

An influential economics paper — which has now been shown to have several methodological flaws — was used by policymakers to justify austerity drives around the world. AAP The economic literature is ...