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A comment on Is growth in the financial sector good for the economy?.

Re:Is growth in the financial sector good for the economy? by danmaz74 on Monday July 20, 2015 @07:59AM (#9915389)
> see Reinhart and Rogoff 2010

Isn't that the famous study which turned out to be [edit: almost] completely wrong because of errors in the excel formulas? https://en.wikipedia.org/wiki/Growth_in_a_Time_of_Debt#Metho...

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Re:Is growth in the financial sector good for the economy? by ende on Monday July 20, 2015 @08:47AM (#9915600)
Entirely wrong? No. But the reported effect was somewhat exaggerated.
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