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


Unelected-Power-The-Quest.pdf
ISBN: 9780691196305 | 664 pages | 17 Mb

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  • Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State
  • Paul Tucker
  • Page: 664
  • Format: pdf, ePub, fb2, mobi
  • ISBN: 9780691196305
  • Publisher: Princeton University Press
Download Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State


Free ebooks for ipod touch to download Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State (English Edition) by Paul Tucker 9780691196305

Overview

How central banks and independent regulators can support rather than challenge constitutional democracy Unelected 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.



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