With a view to exploiting synergies, a few years ago we created a Department responsible both for promoting financial education and for supervising the transparency and fairness of intermediaries. This rising awareness extends beyond the world of central banks. In a recent book, Economics for the Common Good (2017), Jean Tirole makes a strong appeal to economists to engage in public debate.
Financial education, he says, should go beyond equipping people with skills that are useful for making personal financial decisions. It should try to explain what the use of finance is, and why it is necessary to achieve the common 2  good. It is no easy task.