Economics has long been tainted by the label ‘the dismal science’ and an image of grey haired old men poring over statistics, but could there ever be a ‘citizens economics’? Here, Reema Patel discusses a new RSA project which seeks to create just that, and an event which aims to contribute to its creation

Patel, Reema

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By Democratic Audit UK 2016-6-27Citizens can and should be involved in the process ofshaping economic policydemocraticaudit.com /2016/06/27/citizens-can-and-should-be-involved-in-the-process-of-shaping-economic-policy/Economics has long been tainted by the label ‘the dismal science’ and an image of grey haired old men poring overstatistics, but could there ever be a ‘citizens economics’? Here, Reema Patel discusses a new RSA project whichseeks to create just that, and an event which aims to contribute to its creation. Paul Krugman (Credit: Commonwealth Club, CC BY 2.0)Economics for everyoneEvents of the past ten years, and in particular, events of the past few weeks, have demonstrated that economics is amatter for everyone. That didn’t become true overnight – UK voters have consistently ranked competence on theeconomy as one of their top three reasons for electing their representatives (and in some instances, voting themout). But the 2008 financial crisis and its impact on citizens brought international attention to the role of the citizen incontributing to conversations about economic policy. Attention has turned to the matter again after the Brexit vote ledto a collapse in global stockmarkets as well as the value of the pound, and a hard-fought debate over the quality ofinformation available during the referendum. Now, more than ever, there is a need to return to  principles thatpromote informed, upstream citizen engagement in complex issues that affect their future.The rise of groups such as the Occupy movement, the momentum behind groups such as student-led RethinkingEconomics, and academic-led CORE – aiming to make economics more engaging and accessible, and the renewedinterest in alternative narratives about the economy (from Thomas Piketty to Mariana Mazzucato) has drawnattention to the need to explore economics in a way that does justice to its status as a moral and political subject.Isn’t economics just for experts?1/3Economics has traditionally been treated as expert-led and an objective science – and that has often been used toexclude the layperson from important conversations about decisions that affect them. But the more expert-led adomain, the more likely that profound questions about values and ethics are neglected. For example, in science andtechnology, pipeline models of research and innovation can throw up questions about the ethics of genome editing,nanotechnology and synthetic biology – issues that can be overlooked if a purely expert-led and narrow approach istaken. The same risk applies to treating economics as a discipline only for the experts. This bolsters the case forgreater transparency and accountability about the way in which decisions have been taken, the case for broadeningengagement with the public, and the case for improving the quality of information, discussion and debate ineconomics.The object of economics is the heart and soulOur starting point is that citizens’ lives are affected pervasively by economic policy, and that economic policy isconcerned as much with what we prioritise and value, as it is with how we achieve those things. Margaret Thatcher,former UK Prime Minister, recognised this more than most. In a Sunday Times interview, she once declared that‘economics is the method – the object is to change the heart and soul ’. In saying this she understood thateconomics – the process, the methodology and the ‘science’ – ultimately has a purpose that relates to socialoutcomes that affect citizens.Whether she thought citizens should then be involved in the process of shaping economic policy is another question– but we at the RSA make the case that they should.About the Citizens’ Economic CouncilThe Citizens’ Economic Council is a programme that begins this process of involvement. This is a deliberativeengagement process over the next two years which will work with a Council of 50 – 60 citizens who areindependently selected from a diverse and stratified sample from across the UK. Citizens will have the opportunityto be informed about economic policy, to talk to policymakers, economists and politicians, and to collaborate witheach other with a view to co-producing new economic policy ideas in time for the 2020 General Election. We willengage directly with hard-to-reach groups and communities through Economic Inclusion workshops, with 27,000fellows at the RSA and with self-organising networks and groups who are discussing economic policy, supportingthem to submit policy ideas to the Council. We will invite ideas from across the globe as well as from within the UK –recognising that countries across the world may be piloting and testing new policy ideas that may be of interest tothe UK. The deliberations of the Council will be live streamed, and we will work with and empower citizens on theCouncil to advocate directly for their policies.Our starting point in this journey is to ask whether citizens can be economists – and what the extent of their role inshaping and influencing policy might be. We’d like to invite you to join this conversation at the launch of ourprogramme on Wednesday 29th June at 6pm, with our panel Simon Burall (Director of Involve), Paul Johnson(Director of the Institute for Fiscal Studies), Julie Timbrell (Occupy Democracy) and Seema Malhotra MP (formerShadow Chief Secretary to the Treasury and MP for Feltham and Heston). —You can register and attend here, held in London at RSA House, 8 John Adam Street , London, WC2N 6EZ. Findout more about the Citizens’ Economic Council online here.This post represents the views of the author and not those of Democratic Audit or the LSE. Please read ourcomments policy before posting. —2/3Reema Patel is programme manager for the Citizens’ Economic Council   (@citizenseconomy) at the RSA. Shepreviously worked in roles for Involve, a public participation think-tank and charity, and for Sciencewise, the UK’spublic engagement programme to support policymakers to access citizen voice in complex and controversial scienceand technology areas. She tweets @ReemaPatelRSA.3/3

Citizens can and should be involved in the process of shaping economic policy

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