Macroeconomics is the triumph of hope over experience, and has been no more successful than sociology. . . .
Macroeconomists are demonstrably not helpful to those institutions that could use economic expertise. Macroeconomists know a lot of stuff, just not anything useful.
- Dr. Eric Falkenstein (via Angry Bear).
At least when physics looks for GUTs, they know when they haven't found one.
- Angry Bear