I'll never forget my banking and financial markets class while getting an economics undergrad degree. The teacher said something close to "I know when you're reading the Wall Street Journal, it seems like just about everything we're teaching now doesn't work, but I promise it's real. The world is just weird right now."

This was during the early days of Quantitative Easing, the Federal Reserve and many other nations (notably from the lesson I'm thinking of, Japan's National Bank) were flooding money into the market, so QE wasn't working properly.

There is a serious problem with economics on the larger scales, and I've yet to hear anyone talk about it.