Quite right too, Economics is not science, because it will not reject it's core theories when confronted with reality. Economists simply bemoan lack of adequate data or plead a special case.
It barely qualifies as a study, along the lines of 18th Century Natural Historians cataloguing everything they find and then looking for traits in the collected data.
At least Phlogiston had a smack of logic behind it until proved wrong by experiment. I'd actually draw a closer parallel with medieval physicians and the four humors theory, which had no logical backing whatsoever, just some guy with a 'reputation' saying it is so...