Economists behind discredited austerity study accuse New York Times columnist of mischaracterizing their resarch.
from Truthdig
"Carmen Reinhart and Kenneth Rogoff, the Harvard economists whose influential pro-austerity study was recently exposed as being seriously flawed, have penned a scathing open letter to New York Times columnist Paul Krugman, a major critic of their work and one of the leading voices in the anti-austerity movement. In the long-winded letter posted to Reinhart’s website Saturday, the pair accuse the Nobel Prize-winning economist of “uncivil behavior” and criticize him for being 'selective and shallow' in his characterization of their research.
“'We admire your past scholarly work, which influences us to this day,' the letter reads. 'So it has been with deep disappointment that we have experienced your spectacularly uncivil behavior the past few weeks. You have attacked us in very personal terms, virtually non-stop, in your New York Times column and blog posts. Now you have doubled down in the New York Review of Books, adding the accusation we didn’t share our data. Your characterization of our work and of our policy impact is selective and shallow. It is deeply misleading about where we stand on the issues. And we would respectfully submit, your logic and evidence on the policy substance is not nearly as compelling as you imply.' …"
© Copyright 2013 the SGNews news blog, All rights Reserved. Written For: StraightGoods.ca
Sorry, the comment form is closed at this time.