It was a privately and socially costly waste of time and other resources.

William Buiter, mengomentari betapa tidak bergunanya (useless) ilmu makroekonomi dalam mengantisipasi krisis ekonomi.

"Research tended to be motivated by the internal logic, intellectual sunk capital and esthetic puzzles of established research programmes rather than by a powerful desire to understand how the economy works - let alone how the economy works during times of stress and financial instability. So the economics profession was caught unprepared when the crisis struck."

Sumber:

Financial Times  - The unfortunate uselessness of most 'state of the art' academic monetary economics