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This is not to play down the serious problem of depression.
Others, such as the Nobel prizewinner Robert Lucas, insisted that economics had solved the "central problem of depression prevention".
You see people with the same problem of depression, and for some reason this group seems to work with the lads we have".
After almost an hour of discussing the problem of depression, Mr. Williams presented the guests with the answer to their problems: a set of books he had written.
Robert Lucas, the leading free-market economist and winner of the 1995 Nobel prize in economics, proudly declared in 2003 that "the problem of depression prevention has been solved".
Cheltenham Ladies' College, one of the country's most prestigious independent schools, is re-assessing its homework policy, in an effort to tackle the growing problem of depression and other mental health issues amongst young people.
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They'd been stupidly cocky before the crash – remember the 2003 boast from Nobel prizewinner Robert Lucas that the "central problem of depression-prevention has been solved"?
In recent years, a growing number of senior economists agreed with the view expressed in 2003 by Robert Lucas, winner of the Nobel prize, who argued that the "central problem of depression-prevention has been solved, for all practical purposes".
In 2003, Robert Lucas of the University of Chicago, in his presidential address to the American Economic Association, declared that the "central problem of depression-prevention has been solved, for all practical purposes, and has in fact been solved for many decades".
The now-infamous 2003 Lucas remark about how the problem of depression-prevention has been solved was not something you would have heard from an economist who had paid attention to Mexico, Indonesia, Argentina etc.. Unfortunately, many economists have not learned from the past.
"I'm absolutely convinced that for students, postgraduates, academic staff and support staff this is a natural, healthy, risk-free way of finding greater concentration and ensuring better mental health, and the ability to resist the problems of depression and anxiety and phobias and addictions," he says.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com