I found this quote and link on the site of Otto Rock. It very succinctly puts the worth of the current crop of economic advisors and experts in their place:

It acknowledges that the discipline is subject to three critiques:

1) it helped cause the current economic crisis

2) It failed to see it coming

3) It doesn’t know how to fix it.

via naked capitalism: Guest Post: Linda Beale on What Went Wrong With Economics.

I find it quite amusing that the powers in government are following the advice of these same economists to get the economy out of the current problems.