Ezra Klein - Ken Rogoff: 'It really boils down to arrogance and ignorance'

Ezra Klein - Ken Rogoff: 'It really boils down to arrogance and ignorance': "In their book “This Time is Different,” Carmen Reinhart and Kenneth Rogoff construct the richest and most detailed history of financial crises that anyone has developed. Their data set covers 66 countries, five continents and eight centuries, and gives them an unparalleled ability to see patterns and predictors amongst different types of crashes. And see them they do. I spoke to Rogoff about the causes, trajectories and solutions to financial crises earlier today. A lightly edited transcript of our conversation follows."