Americans would never ask an economist to design a suspension bridge or a new jetliner, though we wisely insist that engineers give the economists a seat at their table. Yet when it came time to design the most amazingly complex system ever devised by human beings — the global production machine — we relied only on principles that spring from the mind of the economist. We did not insist that economists offer the engineers a single stool at the table;[...]

Barry C. Lynn