I realize most of HN is left-of-center, but Cato in particular is not fluff. Specifically on the two, Rogoff was Chief Economist of the IMF (I spent a summer interning when he was there), and no one considers either of these economists as crazy-right wing types (the IMF, by American political standards, is probably a centrist Democratic type, even if it does make some very stupid calls for austerity from time to time).

There's always room for disagreement because economics is the dismal science (as one famous line put it, Harry Truman wanted to find a one-handed economist - so they wouldn't always answer "X could happen, on the other hand, Y could happen), and answers aren't as binary as they sometimes are in the hard sciences. I'm curious to see what Rogoff and Reinhart respond to this with.

Edit: thanks for the Ritholz piece - hadn't seen that. I certainly am not claiming that there's no mistake - I just want to see what the defendants in this have to say, so to speak.