Any serious scientific study of economics?

[Lowtech]

I've been hoping to find the collective scientific opinion of economics, namely our current monetary capitalist system, so I was excited when I came across the term Econophysics.

from Wikipedia,
Econophysics is an interdisciplinary research field, applying theories and methods originally developed by physicists in order to solve problems in economics, usually those including uncertainty or stochastic processes and nonlinear dynamics. Its application to the study of financial markets has also been termed statistical finance referring to its roots in statistical physics.but I am thoroughly disappointed.

Especially by this part:
Its application to the study of financial markets...

Do any of us know of any scientists applying the scientific method in questioning the economic validity of a market?

I believe economics at it's simplest is the processing of resources into usable commodities, and any addition to this (markets) simply allow for artificial scarcity and therefore the dire transition into a plutocratic society, just as we have today.

[Lynx]

Mathematical models are used to study financial markets. What is useful for analyzing physical processes may be applicable to other aspects of an economy, but not financial markets.

[cantwealljustgetalong]

from a quick google search:

http://www.moneyscience.com/pg/blog/ThreeToedSloth/read/155332/a-marxian-econophysics
http://masi.cscs.lsa.umich.edu/~crshalizi/weblog/820.html

Marxian economics is fragmented enough on doing the basics to be able to get its shit together for something awesome like this (for now!)
start digging, don't give up!

[thethinveil]

Sounds like econophysics provided the math for developing financial instruments that led to the crash.

[Vladimir Innit Lenin]

http://www.nimbios.org/press/cliodynamics

This stuff is pretty interesting, it's related to political economy more specifically than orthodox economics, so it's probably more interesting for us Marxists! :)