Neoclassical economists, having worked hard to convince the world that everything was hunky-dory circa 2005, and concurrently having invented the rationales and the theories behind the financial time bombs that went off across the landscape, don’t seem to have suffered one whit for the subsequent sequence of events, a slow-motion train wreck that one might reasonably have expected would have rubbished the credibility of lesser mortals. Individually and collectively, they have only become more dominant in academia and in government. No one among their number was fired for incompetence; no one was forced to endure status degradation ceremonies. Economists were not drummed out of their government posts. No departments of economics were closed as cost-saving measures.

Philip Mirowski, Never Let a Serious Crisis …, loc. 438