[Certhas]

Excuse me? That single attacked paper was the intellectual blanket for an unprecedented victory march of the Austrian school after the financial crisis and the recession.

I agree that from a purely academic point of view this is nothing big to worry about, but this paper played a completely outsized role. And the authors stood by and let things run their course, without any attempt to reign in or moderate the debate.

https://en.wikipedia.org/wiki/Growth_in_a_Time_of_Debt

[linhchi]

Fair enough, but i add that academic life is sad, one has to pursue one's endeavor at one's own cost. However, politicians and the public want too much from us researchers. So sometimes, we do believe that our sweating formulas have life impact, or to fancy, save the world.