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Gerald Edgar
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Misconceptions about the Golden Ratio
George Markowsky
College Math Journal: Volume 23, Number 1, Pages: 2-19 1992

first paragraph...

The golden ratio, also called by different authors the golden section [Cox], golden number [Fi4], golden mean [Lin], divine proportion [Hun], and division in extreme and mean ratios [Smi], has captured the popular imagination and is discussed in many books and articles. Generally, its mathematical properties are correctly stated, but much of what is presented about it in art, architecture, literature, and esthetics is false or seriously misleading. Unfortunately, these statements about the golden ratio have achieved the status of common knowledge and are widely repeated. Even current high school geometry textbooks such as [Ser] make many incorrect statements about the golden ratio.