If it is merely the word "woo-woo" that is objectionable, I am sure that we can agree upon a replacement that denotes the same methodological errors but lacks the perceived pejorative tone.
May I suggest "excessive hand-waving?"
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
In any case, the force of the argument does not hinge on the particular wording. And there is no point in using terminology that raises red flags in people's minds from the word go.
I suspect the difference is chromosomal. A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith