Economists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets that he does not like.
Lester ThurowIf a group of people has no sense where they came from-it is difficult for them to have a sense where they should go.
Lester ThurowChange requires individuals who recognize that new things can be done and who take the initiative to get them done ... The existing bureaucracies, public and private, will not take on the job of changing what is.
Lester ThurowOne of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists and psychologists.
Lester Thurow