Advice Quote by George Stigler
“Why, when the economist gives advice to his society, is he so often cooly ignored? He never ceases to preach free trade, and protectionism is growing in the United States. He deplores the perverse effects of minimum wage laws, and the legal minimum is regularly raised each 3 or 5 years. He brands usury laws as a medieval superstition, but no state hurries to repeal its law.”
![“[T]he ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually…” quote by Anonymous](https://sms4smile.com/quotes/img-quotes/ea6/todd-buchholz-153091_philosophy_t-he-ideas-of-economists-and-political-p_1932202.jpg)
