Thomas Herndon – The man who debunked austerity

In 2013 Thomas Herndon shot to fame when he found major errors in a widely cited academic paper by Carmen Reinhart and Kenneth Rogoff which had been used to justify austerity policies in Europe and North America.

Laurie Macfarlane of openDemocracyUK caught up with Thomas at this year’s Festival for New Economic Thinking to discuss austerity, the financial crisis and the future of economic policy.


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