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Make ‘em Prove the Causality before They Cause Any More Suffering: Part Two,...
In Part One, I asked whether the Carmen Reinhart/Kenneth Rogoff study and book didn’t show that, on average, nations experiencing debt-to-GDP ratios above 90% had negative rates of economic growth? And...
View ArticleMake ‘em Prove the Causality before They Cause Any More Suffering: Part...
This post is a more complete statement of my conclusions based on the analysis in Parts One and Two of this series. As I’ve explained in Part Two, there’s no reason in the Reinhart-Rogoff (R-R) data to...
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