Unelected power: the quest for legitimacy in central banking and the regulatory state : with a new preface by the author

How central banks and independent regulators can support rather than challenge constitutional democracyUnelected Power lays out the principles needed to ensure that central bankers and other independent regulators act as stewards of the common good. Blending economics, political theory, and public l...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Beteilige Person: Tucker, Paul 1958- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Princeton ; Oxford Princeton University Press © 2019
[2019]
Ausgabe:First paperback edition
Schlagwörter:
Links:https://doi.org/10.1515/9780691196985?locatt=mode:legacy
https://doi.org/10.1515/9780691196985?locatt=mode:legacy
https://doi.org/10.1515/9780691196985?locatt=mode:legacy
https://doi.org/10.1515/9780691196985?locatt=mode:legacy
https://doi.org/10.1515/9780691196985?locatt=mode:legacy
https://doi.org/10.1515/9780691196985
https://doi.org/10.1515/9780691196985?locatt=mode:legacy
https://doi.org/10.1515/9780691196985?locatt=mode:legacy
https://doi.org/10.1515/9780691196985
Zusammenfassung:How central banks and independent regulators can support rather than challenge constitutional democracyUnelected Power lays out the principles needed to ensure that central bankers and other independent regulators act as stewards of the common good. Blending economics, political theory, and public law, this critically important book explores the necessary conditions for delegated but politically insulated power to be legitimate in the eyes of constitutional democracy and the rule of law. It 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. Now with a new preface by Paul Tucker, Unelected Power 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
Umfang:1 Online-Ressource (xvi, 642 Seiten)
ISBN:9780691196985
DOI:10.1515/9780691196985