Article is paywalled, but in the introductory paragraph it says "we did not collectively predict the financial crisis" - that isn't the job of an academic econo

Article is paywalled, but in the introductory paragraph it says "we did not collectively predict the financial crisis" - that isn't the job of an academic economist and I'd bet that most economists could see the crisis coming a mile away. It is rather obvious that any number of crisis are coming towards us at any given time. Trillions in misallocated resources are not hard to spot. The public, politicians, and to a lesser extent the media have very little time for anyone who is pointing out the obvious negative consequences of bad economic management. There are still regular fights over the minimum wage, which shows how much of an influence economists have over the public discourse. Whatever stance someone prefers, it is near certain that the economists have figured out a consensus position. The real issue is that when the government is doing something poorly advised, there is a lot of money floating around for economists who will give poor advice that the politicians want to hear. They're Keynsianists when the Kaynesiyan strategy is printing money. Their all believers in MMT when MMT says print money. They aren't believers when rates go up, they're generally against economics then.