Book notes: Unelected power, by Paul Tucker
Tucker’s well-argued text sets out set of principles for those in unelected positions of power to ensure they continue to act for benefit of general public
Paul Tucker, Unelected power: the quest for legitimacy in central banking and the regulatory state, Princeton University Press, 2018, 610 pages
Paul Tucker, former deputy governor of the Bank of England, has spent several years as a fellow at Harvard reflecting on, and researching, the growing use of independent agencies in advanced economies. His time has clearly been well spent, as he has produced this long and meaty book, which is all the better for not focusing simply – as too many
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