domingo, 27 de maio de 2018

O poder dos bancos centrais

Unelected Power

From Princeton University Press

Unelected Power

The Quest for Legitimacy in Central Banking and the Regulatory State 


By Paul Tucker

Central bankers 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.