The Evergreen Grad that Shook the Global Austerity Debate

From the Wall Street Journal, to the BBC to the Colbert Report, Evergreen alumnus Thomas Herndon (’07), now a graduate student at the University of Massachusetts in Amherst, has been in the international economics spotlight over the past week. Herndon and two faculty members at UMass have published a paper pointing out critical flaws in a Harvard study that has provided much of the rationale for budget cutting austerity measures across the globe. Read more in New York Magazine online, watch the entire story on Comedy Central’s Colbert Report (see 3:25 to 15:22), or just watch the Colbert interview with Thomas. It’s a great example of Evergreen critical thinking at work in the world.