And while the Yale economist Robert Shiller has long advocated using markets to help individuals protect themselves against things like declining house prices or future unemployment, the chances of that happening now seem smaller than ever.
(Not a single economist in a recent poll thought this would help ensure price stability or improve the employment picture for the average American).
In a move that was interpreted as the beginning of the finance minister's political demise, it was announced that the British-educated economist, Euclid Tsakalotos, would be the pointman between Athens and foreign lenders at the EU, the European Central Bank and the International Monetary Fund.
This of course is just political fabrication, as any economist will happily tell you.
Athens confirmed on Monday that its finance minister, Yanis Varoufakis, will represent Greece at those talks after reports last week that the outspoken economist had been sidelined when Greece's negotiating team was reshuffled.
As traders braced themselves for further shifts towards yes in polls due within days, the Nobel prize-winning economist Paul Krugman said Scottish voters needed to "be very afraid" about the risks of independence.
Already a minister, James Wharton, has been named to take charge of the northern powerhouse initiative, while Jim O'Neill, the Goldman Sachs economist who ran the city growth commission at the RSA last year, has been awarded the role of commercial secretary to the Treasury.
"Not only did we have more people working, but we had more people looking for work and that's actually a positive," Gus Faucher, senior economist at PNC, told the Guardian.
Spain's move came as a leading economist put the country's chance of avoiding a bailout at between 50-60%.
They asked him why he kept talking like an accountant or an economist, always failing to see "the moral dimension".
What luck, then, to find the toweringly meritorious figure of Thomas Piketty, the French economist, encapsulating the objections in his rejection of the of the Legion d'Honneur.
