Two heterodox theories
"This is nuts, where are the profits?"

"Call It Sour Grapes"

Bryan Caplan terrifically lays the smack down on the social science research done at the "top schools":

With rare exceptions, I don’t admire researchers at top schools – or try to humbly build on their work.  At the same time, I’m not lazy.  And in all sincerity, I am not jealous.

Why not?  To be blunt, I deny the value of almost all of the social science research going on at top schools.  My reaction to 95% of the articles published in top economics journals isn’t so much “That’s wrong!” as “So what?”

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