I Like You….You?…Not So Much!
Can anyone explain the difference in treatment that the BBC gave Tom Herndon whom they believe undermines the case for Austerity, here on the Today programme (08:49): Last week Carmen Reinhart and Ken Rogoff paper that showed that growth slows dramatically if a country’s debt goes over 90% of its GDP was found to contain significant errors. Tom Herndon, a student at the University of Massachusetts Amherst, … Continue reading