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The Resource Unelected power : the quest for legitimacy in central banking and the regulatory state, Paul Tucker

Unelected power : the quest for legitimacy in central banking and the regulatory state, Paul Tucker

Label
Unelected power : the quest for legitimacy in central banking and the regulatory state
Title
Unelected power
Title remainder
the quest for legitimacy in central banking and the regulatory state
Statement of responsibility
Paul Tucker
Creator
Subject
Language
eng
Summary
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. Paul Tucker draws on a wealth of personal experience from his many years in domestic and international policymaking to tackle the big issues raised by unelected power, and enriches his discussion with examples from the United States, Britain, France, Germany, and the European Union. Blending economics, political theory, and public law, Tucker explores the necessary conditions for delegated but politically insulated power to be legitimate in the eyes of constitutional democracy and the rule of law. He explains why the solution must fit with how real-world government is structured, and why technocrats and their political overseers need incentives to make the system work as intended. Tucker explains how the regulatory state need not be a fourth branch of government free to steer by its own lights, and how central bankers can emulate the best of judicial self-restraint and become models of dispersed power.--
Assigning source
Provided by Publisher
Cataloging source
YDX
http://library.link/vocab/creatorDate
1958-
http://library.link/vocab/creatorName
Tucker, Paul M. W.
Dewey number
321.8
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Banks and banking
  • Banking law
  • Financial institutions
  • Monetary policy
Label
Unelected power : the quest for legitimacy in central banking and the regulatory state, Paul Tucker
Instantiates
Publication
Copyright
Bibliography note
Includes bibliographical references (pages [579]-610} and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
on1004944749
Dimensions
25 cm
Extent
xii, 642 pages
Isbn
9780691176734
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
System control number
(OCoLC)1004944749
Label
Unelected power : the quest for legitimacy in central banking and the regulatory state, Paul Tucker
Publication
Copyright
Bibliography note
Includes bibliographical references (pages [579]-610} and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
on1004944749
Dimensions
25 cm
Extent
xii, 642 pages
Isbn
9780691176734
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
System control number
(OCoLC)1004944749

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