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This article was first published by Preventable Surprises and is reproduced by kind permission.
The article is an abridged version of an essay, ‘Pigou and the Dropped Stitch of Economics’ available at the Preventable Surprises website.
"Is she the chief economist, or who is she? I'm confused… After she goes and studies economics in college she can come back and explain it to us," Steven Mnuchin, US Treasury Secretary, about Greta Thunberg, 23rd January 2020, Davos.
US Secretary of the Treasury Steven MnuchinIt was a quote tailor-made for Twitter – Mr Mnuchin suggested that Greta should get an economics degree before telling the grown-ups what to do.
Important issues of civility aside – he later claimed he had meant it as a joke – Mr Mnuchin expressed a common view that an economics degree might be more help th…