"I think models have a lot less power than they did in the '80s, when there were, like, only 10 supermodels who could dictate the rules, whereas now there's so many, and that changes the power dynamic and makes it a more insecure business."

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Economists who studied in the '80s tend to have a pretty crude neoclassical view that's just about freeing up prices and markets, and then you'll get the growth and everybody benefits. And they'll just repeat that, because if you're a minister or a senior civil servant, you don't have time to read anything anymore. You get very fixed in your views.

— Duncan Green