Econ is a "science", but of the social kind, no matter how much you math it.
Which means, in a nutshell, that it is about the relationships between people.
Each x on your cartesian plane has a y that is a function of x.
these are relationships between people.
Do you think that anyone under 40 really understands peoople in isolatuion, let alone together?
And we accept a medal for this as a "Nobel" precousor?
Even worse, these are people who have spent a number of years in academia. That means they are further alienated from actual people who actual act in a market.