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Thu Jan 23, 2020, 02:56 PM

Mnuchin said Greta Thunberg needed to study economics. So we talked to an economist....

Speaking to reporters at the World Economic Forum’s annual gathering in Switzerland, Treasury Secretary Steven Mnuchin was asked about calls from climate change activists such as Greta Thunberg for investors to pull their money out of fossil fuel stocks.

Mnuchin jokingly pretended to be unfamiliar with Thunberg, who even while still a teenager has become a leading global proponent of addressing the warming planet. Last year, she was Time magazine’s “Person of the Year.”

“Is she the chief economist or who is she? I’m confused,” Mnuchin said of Thunberg. He questioned her credentials to offer solutions: “After she goes and studies economics in college, she can come back and explain that to us.”

The Washington Post contacted someone who did study economics in college and asked him to explain it to us. Gernot Wagner is a climate economist at New York University who has a joint A.B. in economics and environmental science and public policy from Harvard University, a master’s degree in economics from Stanford University, a master’s in political economy and government from Harvard, and a PhD in political economy and government from Harvard.

According to Wagner, Thunberg doesn’t need to go much further than Economics 101 to make her case.

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Link: https://www.washingtonpost.com/politics/2020/01/23/mnuchin-said-thunberg-needed-study-economics-before-offering-climate-proposals-so-we-talked-an-economist/

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