Philip Coggan - "that's always been the case"

Philip Coggan - "that's always been the case"
We asked you for questions to pose to author and columnist for The Economist, Philip Coggan. He came back with some juicy answers. We'll be posting them over the next few days. So here goes….@Elin Carlsson raised the issue of whether economics is too important to be left to economists.

Philip Coggan writes: Yes, although that's always been the case. I'd like to put a plug in for historians. People have been grappling with these issues – the rights of debtors and creditors, the nature of money, the best way to promote economic growth – for centuries. But sometimes it seems as if economists think no discussion is valid unless it has several equations, a bunch of jargon terms and references to 27 academic papers. When Christine Lagarde was appointed to head the IMF, I heard several people say "Well, she's not an economist..."

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