How Australia’s central bank won its independence
In a book just published entitled "Australia's Money Mandarins: The Reserve Bank of Australia and the Politics of Money", I examined the rise of the Reserve Bank of Australia from relative obscurity in the post-war era to its current position as one of Australia's most influential economic policy institutions. As a political scientist I have been fascinated by the way central banks stand at a critical interface between states and financial markets and between governments and voters. The way in
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