I was teaching in one of the universities while the country was suffering from a severe famine. People were dying of hunger, and I felt very helpless. As an economist, I had no tool in my tool box to fix that kind of situation.

–Muhammad Yunus, Nobel Peace Price Laureate 2006

I would add that this is an example that the market is working–Muhammad Yunus emphasis that Grameen Bank is a business, not charity–

This is not charity. This is business: business with a social objective, which is to help people get out of poverty.

The problem with the discipline of economics, particularly the neoclassical school, is not about theories but ideology. Students are taught that market handles everything–which is right–without recognizing that they are part of the market. We are not encouraging our students to think and to innovate, because we tell them that an immortal market does that better than any of us.