Most economic theorizing is, but the fundamentals are sound. There are simple equations that measure markets accurately, but they can’t tell you a thing about how material reality actually behaves. They cannot tell you which technologies will have which impact. They cannot predict the future any more than gut feelings, but basic principles can explain everything accurately after the fact.

Unfortunately, economics is the most valuable science to those with power, giving ample motivation for bs ideas to flourish and accurate ideas to be misused. All science gets sensationalized, but economics gets absolutely corrupted at all levels more than any other.