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Buch: Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State

Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State by [Tucker, Paul]Autor: Paul Tucker

Guiding principles for ensuring that central bankers and other unelected policymakers remain stewards of the common good

Central bankers have emerged from the financial crisis as the third great pillar of unelected power alongside the judiciary and the military. They pull the regulatory and financial levers of our economic well-being, yet unlike democratically elected leaders, their power does not come directly from the people. Unelected Power lays out the principles needed to ensure that central bankers, technocrats, regulators, and other agents of the administrative state remain stewards of the common good and do not become overmighty citizens. Buch: Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State weiterlesen