This article, linked to by Glen, claims most published results are false. The argument is based on an analysis of how papers relying on statistical significance analyse and report their statistical results and is bolstered by related arguments about publication bias.
An intuitive way to understand the possibility of publication bias is to note that insignificant results (e.g. this drug is no better than placebo) don't make great publications but apparently significant results (like MMR vaccine causes autism) will get you headlines in the popular press long after other evidence has refuted your conclusion. And trawling random data for significant results will throw up many results with p-values significant at the 5% level. Publishing such results while ignoring the insignificant results of the trawl is a poor way to determine truth but a good way to get publication kudos. Some modern authors believe this is endemic not just in social science but in medical epidemiology.
So it is important to know: are most published results likely to be wrong?