The University of Massachusetts Amherst
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Ash Graduate PERI Pollin UMass Where the Economists Got It Right

28-year old PhD student debunks the most influential austerity study

A new study by UMass Amherst Department of Economics Graduate Student Thomas Herndon and Professors Michael Ash and Robert Pollin refutes the Reinhart and Rogoff analysis that underpins austerity policy around the world; shows no relation between debt and lack of growth. Watch The Real News Network interview with Ash and Herndon.

 

[youtube]http://www.youtube.com/watch?v=YRdJod4wjSE&list=UUrmm_7RDZJeQzq2-wvmjueg&index=5[/youtube]

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