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They Did Their Homework (800 Years of It)

nytimes.com

1–10 of 24 posts

Re: They Did Their Homework (800 Years of It)

#2
... a pair of financial sleuths, Ms. Reinhart and her collaborator from Harvard, Kenneth S. Rogoff, have spent years investigating wreckage scattered across documents from nearly a millennium of economic crises and collapses. They have wandered the basements of rare-book libraries, riffled through monks’ yellowed journals and begged central banks worldwide for centuries-old debt records. And they have manually entered their findings, digit by digit, into one of the biggest spreadsheets you’ve ever seen.

Their handiwork is contained in their recent best seller, “This Time Is Different,” a quantitative reconstruction of hundreds of historical episodes in which perfectly smart people made perfectly disastrous decisions.

Re: They Did Their Homework (800 Years of It)

#6
post #5
post #4

It appears that a version of the book is available for free here: http://www.nber.org/papers/w13882

But only for those at "subscribing institutions". I don't qualify, so I guess I have to see if the library has it.

I'm at a subscribing institution: http://www.scribd.com/doc/33887169/w13882

Re: They Did Their Homework (800 Years of It)

#8
“They say historians peak in their 50s, once they’ve accumulated enough knowledge and wisdom to know what to look for,” says Mr. Rogoff. “By contrast, economists seem to peak much earlier. It’s hard to find an important paper written by an economist after 40.”

Anybody has pointers to where this data comes from? What about other professions?

Re: They Did Their Homework (800 Years of It)

#10
post #4

It appears that a version of the book is available for free here: http://www.nber.org/papers/w13882

That's their paper, also available for free on the authors' websites. Not the book (http://press.princeton.edu/titles/8973.html).

Though having read the paper, I imagine the book is the same info with some redundancy (for persuasion) and filler thrown in.

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