This article intends to rebut the arguments against teaching and research in the history of economic thought, thus, highlighting its relevance in the academic formation of future economists. In a moment where economics has been questioned for its inability to provide answers and for its fascination with measurement and technique, we believe it is time to advocate and promote history of economic thought as a field of reflection, criticism and introspection. A field that shows future economists that economics is a process and not a product, providing them with the necessary insights to participate actively in the “extended present” of their discipline.