Comming from a background in economics myself I couldnt agree more with you. I don't know how much time I spent going through and using worthless models that are obviously wrong and do not depict reality. The reality is that there are very few people in this world that actually know what they are talking about when discussing this "science". The economic field of studies need to reinvent itself to be again useful as a tool in the world.
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Ironic that once you understand what they are presenting, much of it collapses under scrutiny. Not that there arent a lot of worthy academic papers which analyze what takes place. however, we have to remember they are academic, meant to learn from, not implement as policy.
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