Econ Nerd Uses Basic Excel Skills to Ruin A Respected Study

Herndon was stunned. As a graduate student, he'd just found serious problems in a famous economic study — the academic equivalent of a D-league basketball player dunking on LeBron James. "They say seeing is believing, but I almost didn’t believe my eyes," he says. "I had to ask my girlfriend — who's a Ph.D. student in sociology — to double-check it. And she said, 'I don't think you're seeing things, Thomas.'"

via nymag.com

This one is for the Ecel nerds among us. I love stories like this, but it just reinforces the paranioa i feel everytime i make some analysis based on my own excel docs: Are my formulas right? Is my math right?

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