Bill Mitchell — Elementary misuse of spreadsheet data leaves millions unemployed

The PERI work is devastating for the mainstream fiscal austerity putsch. The cultists have been relying not only on the flawed macroeconomic theories of the mainstream but also, as we now know, on shoddy empirical research. Whether that research is the product of incompetence or deliberate academic fraud is one issue that should be explored.

But independent of the answer to that question, it destroys the credibility of those who raise the work as an authority for their destructive policy positions.

Congratulations to the PERI team!

Bill Mitchell — billy blog
Elementary misuse of spreadsheet data leaves millions unemployed
Bill Mitchell