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View Diary: Animal Nuz #146 (109 comments)

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  •  I can't speak to their motivations. (8+ / 0-)

    I will say it is quite easy to make errors in Excel spreadsheet formulas. Even if the formula is correct, you have to specify the range of cells (data points) that you want to include. If you specify the variables incorrectly, and add additional data later, that additional data may be excluded from the result. It can slip by unnoticed quite easily.

    Did they cook the books to get the result they wanted? I don't know. Its entirely possible.

    “Birds…scream at the top of their lungs in horrified hellish rage every morning at daybreak to warn us all of the truth. They know the truth. Screaming bloody murder all over the world in our ears, but sadly we don’t speak bird.” Kurt Cobain

    by RadicalParrot on Sat Apr 27, 2013 at 11:42:17 AM PDT

    [ Parent ]

    •  Excel formulas... (5+ / 0-)

      Microsoft's answer to Brainfu(k.

    •  They didn't cook the books. (2+ / 0-)
      Recommended by:
      ericlewis0, Calamity Jean

      There is no way they would be that bold.

      What they did was more subtle -- when they got results that agreed with their preconceived notions, they didn't double-check.

      If their spreadsheet had advocated taxing the rich and investing in infrastructure, you can bet that they would have double-checked every single cell.

      •  True plus. (4+ / 0-)

        They did not ask anyone else to double check their results.

        The study was not a peer reviewed study published in a respected journal, it was an article asserting a correlation in a trade publication that relied on the "Harvard reputation" and little else.

        Who is more to blame, the idiots who published unchecked results, or the idiots in charge of actual economies who relied on that unreliable (ultimately falsified) information?

        “Birds…scream at the top of their lungs in horrified hellish rage every morning at daybreak to warn us all of the truth. They know the truth. Screaming bloody murder all over the world in our ears, but sadly we don’t speak bird.” Kurt Cobain

        by RadicalParrot on Sat Apr 27, 2013 at 05:58:00 PM PDT

        [ Parent ]

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