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Thanks -- thus quote seems on the mark: > Economics professor L. Randall Wray criticized Reinhart and Rogoff for combining data "across centuries, exchange rat
by everybodyknows 1y ago
Thanks -- thus quote seems on the mark:
> Economics professor L. Randall Wray criticized Reinhart and Rogoff for combining data "across centuries, exchange rate regimes, public and private debt, and debt denominated in foreign currency as well as domestic currency," in addition to "statistical errors," and for lacking a "theory of sovereign currency".