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Keynes is dead; dynamic programming; Keynes is still dead. That’s the way Stanford graduate economics students recently summed up what they had learned in their core graduate macroeconomics course.

— David Colander

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In reading the economics journals and talking with newly-minted PhDs, it is as if Keynesian economics never existed.

In complexity economics one is not searching out the truth; one is simply searching for a statistical fit that can be temporarily useful in our understanding of the economy.

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Quote text and notes from Wikiquote: David Colander (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.