demonstrated that some high debt countries grew at 2.2 percent, rather than the percent figure initially cited by Reinhart and Rogoff. Rogoff and Reinhart claimed that their fundamental conclusions were accurate after correcting the coding errors detected by their critics. They disavowed their claim that a 90% government debt-to-GDP ratio is a specific tipping point for growth outcomes. The subject remains controversial, because of the political ramifications of the research, though in Rogoff and Reinhart's words "[t]he politically charged discussion ... has falsely equated our finding of a negative association between debt and growth with an unambiguous call for austerity." Memberships 2004: Council on Foreign Relations Economic Advisory Panel of the Federal Reserve. National Academy of Sciences American Academy of Arts and Sciences 2008: Group of Thirty. Publications His book This Time Is Different: Eight Centuries of Financial Folly, which he co-authored with Carmen Reinhart, was released in October 2009. In The Curse of Cash, published in 2016, he urged that the United States phase out the 100-dollar bill, then the 50-dollar bill, then the 20-dollar bill, leaving only smaller denominations in circulation. See also List of Jewish chess players References External links Kenneth Rogoff at Harvard University Department of Economics Column archive at Project Syndicate On Point with Tom Ashbrook Thursday, November 15, 2007, show titled Where's the Economy Headed? , Nicholas Rugoff, The Politic, May 1, 2010 Open Letter to Joseph Stiglitz 20th-century American economists 20th-century American Jews 21st-century American economists 21st-century American Jews 1953 births American chess players Center for Global Development Chess grandmasters Economists from New York (state) Fellows of the American Academy of Arts and Sciences Fellows of the Econometric Society Group of Thirty Harvard University faculty Institute for New Economic Thinking International finance economists Jewish chess players Living people Members of the United States National Academy of Sciences New Keynesian economists Princeton University faculty Scientists from Rochester, New York Yale University alumni