"It is a misfortune of the times that all of us must needs be amateur economists-including, and perhaps especially, the professionals."

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Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. That vision wasn’t sustainable in the face of mass unemployment, but as memories of the Depression faded, economists fell back in love with the old, idealized vision of an economy in which rational individuals interact in perfect markets.

— Paul Krugman