How much status the profession carried in each era, on a 0–100 scale.
Antiquity & Middle AgesThinking systematically about money carried a moral taint: Aristotle condemned chrematistics, and the medieval church condemned usury outright. Estate stewards were respected servants, but no one held status as an economic thinker; the subject survived inside philosophy, law and theology.
Mercantile era (1500–1776)Merchants and pamphleteers advising crowns on trade and coinage gained real if precarious influence — Jean-Baptiste Colbert ran France's economy for Louis XIV, and William Petty was knighted — but they were courtiers and projectors, not members of a recognized learned profession.
Classical era (1776–1890)Political economists became genuine public intellectuals: Smith's book was quoted in Parliament within his lifetime, Ricardo bought a seat in it, and Mill's Principles educated a governing class. Still a gentleman's pursuit — there were chairs but almost no careers.
The technocratic ascent (1936–2008)Depression, war and Keynes made economists indispensable to government. They designed Bretton Woods, staffed treasuries and central banks, won a Nobel from 1969, and by the 1990s chaired the institutions — Fed, IMF, ECB — that steered the world economy. Peak prestige, and peak deference.
Post-crisis present (2008– )The 2008 crisis, which almost no mainstream forecast foresaw, dented public trust — the Queen's pointed question at the LSE became the era's emblem — and populist politics openly discounts expert economic advice. The profession remains powerful, better paid than ever, and noticeably more humble in its claims.