Sentence:  The global economic collapse of 2007-2008 discredited “rational expectations” economics (though its <WSD>high priests</WSD> have yet to recognize this) and brought both Keynes and Hayek back into posthumous contention. 
Meaning of the word marked with <WSD> tags:  A person holding a position of power or influence; an authority in a field of study, doctrine, art or a movement.