"Real business cycle theory never got close to the world of policy—not even the most extreme conservative politicians were prepared to tell the American people to welcome recessions as part of the natural and optimal course of events. And instead of spreading its intellectual range, the movement became increasingly ingrown over time. Indeed, one observer described it as becoming like a fringe political movement that successively purges itself of the ideologically impure until only a handful of members are left."
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Paul Krugman, Peddling Prosperity (1994), Ch. 8 : In the Long Run Keynes is Still Alive
https://en.wikiquote.org/wiki/Real_business_cycle_theory
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Real business cycle theory
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