The Economist’s annual list of the most influential economists is out. Except, this year, something seems to be missing: the most powerful economist in America.

Janet Yellen, who was sworn in as the first woman to chair the Federal Reserve in February, did not make it on to the list. Sadly, neither did any other female economists.

The worst part? Ben Bernanke, who preceded Yellen as the head of the Fed, made it on the all-male list again this year. He came in fifth.

In 2011, the magazine named Bernanke the economist of the decade, noting that when “it comes to real power ... no one can compete with Ben Bernanke, the chairman of the Federal Reserve.”

The way that the economists on the list are chosen is based on “how much attention was paid to their utterances in the mainstream media, the blogosphere and in social media” during the three months leading up to December, according to the magazine.

As such, it comes as a shock that Yellen did not make it on to the list. When the Federal Reserve chair speaks – be it Bernanke or Yellen – people pay attention. In fact, this year, when speaking at the 2014 World of Business Forum, Bernanke explained that what the Fed chair says could have an impact on the stock market.

“I realise that it isn’t my words that matter; it’s the fact that the Fed chairman has influence on monetary policy – it does mean you have to take care [with words]”, he said. “Moving the market is not a great thing, because if you are communicating clearly and people understand what you are doing, then you shouldn’t be surprising the market very much.”

Yet even Bernanke’s reputation suffers outside the wonky-economist community. About 17% of Americans still think that Alan Greenspan is the Fed chairman.

Update: According to the Economist, Janet Yellen was not included in its ranking because the central bank governors were not considered for the list.

“We made a decision not to include serving central-bank governors, because their pronouncements are also the official views of the institutions they represent. Janet Yellen is the most influential economist in the world because she is the chairwoman of the Federal Reserve; Mario Draghi has the same position in Europe because of his presidency of the European Central Bank,” said the magazine in a statement. “The irony of Ms Yellen’s exclusion from the list is that it is because she is too powerful, rather than not powerful enough.”