Don't blame the whole 'dismal science'!

In response to this interesting article from Business Daily Africa, Why development economics is biggest challenge to growth, I'd say:

It's the massive generalisations within the 'dismal science' that are of concern and that's what should really come under fire, not the whole science. I still think there's some hope if economics is done a little differently. For instance, I'd go straight for the famed General Equilibrium as an example of one massively broken theory that's taught to new economics students so religiously. If you choose to do the unorthodox qual and quant economics (which is what Behavioral Economics mostly stands for and that I'm quite a fan of), I believe the results will be much more palatable to current affairs. For instance - as mentioned by a previous commenter adopting a different risk management methodology, or viewing public and private debt in the truer way that that debt should be looked at in stead of masking it frivolously in the way current  governments are doing (or should have learned not do having been burnt by the recent crisis).Then I believe you will still have some pretty strong cases to lobby the body politic with i.e. call them to action issues like the massive rising income inequalities of the present times, debt escalations (because as clearly experienced in the US with the largely sub-prime loan-backed crisis, when debts rise above a certain threshold, debt deflation kicks in [poor Eurozone is experiencing deflation at the moment], and then asset prices go to the floor).