From Yahoo! News: By Edward Krudy NEW YORK (Reuters) – When Thomas Herndon, a student at the University of Massachusetts Amherst’s doctoral program in economics, spotted possible errors made by two eminent Harvard economists in an influential research paper, he called his girlfriend over for a second look. As they poured over the spreadsheets Herndon had requested from Harvard’s Carmen Reinhart and Kenneth Rogoff, which formed the basis for a widely quoted 2010 study, they spotted what they believed were glaring errors…. Original post on yahoo.com Comments on reddit.com
How a student took on eminent economists on debt issue – and won
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Harvard University professor Jeffrey Miron has advocated the legalization of drugs for decades. In a SPIEGEL ONLINE interview, he explains why prohibition is more dangerous than selling drugs in supermarkets. 
LIKE much that moves in twitter-mad Saudi Arabia these days, it started with a single message. A lady in Dammam, the hub of the oil industry on the kingdom’s Gulf… 
Listened to the wrong economists. 
A new report commissioned by the Small Business Administration confirms what a lot of business owners felt in the four years since the financial crisis: The government bailouts for banks did little to relieve the credit crunch for Main Street companies. 
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IN 1956 William Whyte argued in his bestseller, “The Organisation Man”, that companies were so in love with “well-rounded” executives that they fought a “fight against genius”. 
Ezekiel Edwards Rebecca McCray Over 300 economists, including three Nobel Laureates, recently signed a petition that encourages t… 
THE new iPad, which was released on March 16th, is the most popular version of the tablet yet. Apple sold 3m of them in just four days.