Again, if this track record was widely known already to have been so very poor, then missing the onset of the crisis should not have caused such consternation on its own. … Rather, the crisis brought to consciousness for the lay public the portent that there was a specific bias in the orientation of the profession, a bias that ruled out of bounds predictions of the sorts of global system-wide breakdowns that had galvanized those living through 2008–11. Hence what the clientele thought they were buying—a sort of neutral reconnaissance of the near future, a species of early-warning insurance—did not correspond very well with what the economists had been proffering.

Philip Mirowski, Never Let a Serious Crisis …, loc. 695