[ ...because “Reinhart-Rogoff” (as the paper’s known) is rife with
really basic, inarguable, out-and-out errors. Like an Excel
spreadsheet goof that accidentally omitted a bunch of data from the
analysis, data that totally changes the results if it’s included! The
best part? The errors were discovered by a graduate student who was
assigned the task of replicating Reinhart & Rogoff’s analyses as an
exercise for a class. ]

http://dynamicecology.wordpress.com/2013/04/22/major-screw-up-in-economics-and-what-it-means-for-ecology/

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