"Some years ago an excellent professor of economics told his class in his gravelly voice, 'If you pay me $50,000 a year to solve a problem, I damned sure ain't going to solve it.'"

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There is a small minority of well-educated people with relatively sensible views on economics, and an extremely tiny minority of economists with highly sensible views. Then there's everybody else. ... To win, a politician needs to please the median voter. It makes little difference if a few thousand economists think you a fool.

— Bryan Caplan