Needs to have two summaries from articles relating to Economics. Please write two paragraph...

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Needs to have two summaries from articles relating to Economics. Please write two paragraph summarizing the articles - then write a third paragrap explaining how the articles are related to economics. Please attached the copies of the articles for the summaries.

You can choose any article from the following:
News Week
Time
Business Week
Economist
Wall Street Journal
New York Times

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David · Accepted Answer

Seminal Economic Paper on Debt Draws Criticism: The Wall Street Journal, Tuesday April 16
A new research paper by Thomas Herndon who is a Ph.D. student in economics at University of Massachutes Amherst and his professors Michael Ash and Robert Pollin challenged the findings 
By Carment Reinhart and Kenneth Rogoff who concluded that a high level of public debt causes economic slowdown. The original paper "Growth in a Time of Debt," found that countries with a public debt to gross domestic product (GDP) ratios above 90% would tend to witness
a negative economic growth of about 0.1% annually.  However, the new working paper, titled “Does High Public Debt Consistently Stifle Economic Growth? A Critique of Reinhart and Rogoff” by Thomas Herndon, suggests otherwise. According to their finding the outcome of such high public debt to GDP ratio was not contractionary, but instead it is shown to increase by 2.2% in magnitude annually. They argued that the reasons for the difference in findings could be attributed to the data error and statistical methodology. Consequently, Reinhart and Rogoff accepted the error,

Needs to have two summaries from articles relating to Economics. Please write two paragraph summarizing the articles - then write a third paragrap explaining how the articles are related to economics....

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