It's panned out in the sense that it earned them funding and prestige, which is the aim of economics (as opposed to investigating truth, which is the aim of physics/science).
Speaking as a physical scientist, that is a really unhelpful and bizarre opinion. Many areas of physical science, especially medicine, are facing a replication crisis due to shoddy stats themselves. And it's not like the goal of physical science academics isn't also funding and prestige (have you BEEN in academia?).
Every scientific field has its problems. Arrogantly dismissing economics while assuming physical scientists are amazing truth-seeking ubermenschen is just stupid.