The People's Line

The People's Line

Richard Hanania doesn't understand economics

In his latest misunderstanding of science, Hanania misses economics' crises of legitimacy.

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Carl Beijer
Feb 16, 2026
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George Stigler’s proof debunking the law of supply and demand.

Today in The New York Review of Books, Trevor Jackson recounted what may very well be the most catastrophic Microsoft Excel error in history:

In 2010 Reinhart and Rogoff published a short essay in the American Economic Review called “Growth in a Time of Debt.” It purported to show that any tim…

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