Things aren't looking so good for neoclassics these days, what with all their models and artificially constructed puzzles melting before their eyes:

Charles Goodhart, who was fortunate enough not to encounter complete markets macroeconomics and monetary economics during his impressionable, formative years, but only after he had acquired some intellectual immunity, once said of the Dynamic Stochastic General Equilibrium approach which for a while was the staple of central banks’ internal modelling: “It excludes everything I am interested in”. He was right. It excludes everything relevant to the pursuit of financial stability.

Exactly! By the way, this wasn't written by some heterodox crank, but rather a founding member of the Monetary Policy Committee of the Bank of England.

P.S. I'm not sure if it's good or bad to be a macroeconomist right now. I suppose its bad since everything has been thrown up in the air, but that also leaves so many promising new avenues for research.