000 03640cam a2200493 i 4500
999 _c112299
_d112299
003 BJBSDDR
005 20230411090105.0
007 ta
008 180221s2018 nju b 001 0 eng d
020 _a9780691176734 (hardback : alk. paper)
020 _a0691176736 (hardback : alk. paper)
035 _a(OCoLC)on1004944749
040 _aYDX
_bspa
_cYDX
041 _aeng
042 _alccopycat
043 _an-us---
050 0 0 _aHG 1725
_bT893u 2018
082 0 0 _a332.1
_223
100 1 _aTucker, Paul M. W.,
_d1958-
245 1 0 _aUnelected power :
_bthe quest for legitimacy in central banking and the regulatory state /
_cPaul Tucker.
246 3 0 _aQuest for legitimacy in central banking and the regulatory state
264 1 _aPrinceton :
_bPrinceton University Press,
_c[2018]
300 _axii, 642 p. ;
_c25 cm.
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
504 _aIncluye referencias bibliográficas (páginas [579] -610) e índice.
505 _aWelfare : the problem, and a possible solution -- Values : democratic legitimacy for independent agencies -- Incentives : the administrative state in the real world : incentives and values under different constitutional structures -- Power : overmighty citizens? the political economy of central banking; power, legitimacy, and reconstruction.
520 _aCentral bankers have emerged from the financial crisis as the third great pillar of unelected power alongside the judiciary and the military. They 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. Paul Tucker draws on a wealth of personal experience from his many years in domestic and international policymaking to tackle the big issues raised by unelected power, and enriches his discussion with examples from the United States, Britain, France, Germany, and the European Union. Blending economics, political theory, and public law, Tucker explores the necessary conditions for delegated but politically insulated power to be legitimate in the eyes of constitutional democracy and the rule of law. He 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. Tucker 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 and become models of dispersed power.--
_cProvided by Publisher.
650 0 _aBanks and banking
_xState supervision.
650 0 _aBanking law.
650 0 _aFinancial institutions
_xGovernment policy.
650 0 _aMonetary policy.
650 4 _aBancos
_911585
_xSupervisión estatal
650 4 _aBancos
_911586
_xSupervisión del estado
650 4 _aInstituciones financieras
_xPolítica gubernamental
_97039
650 4 _aDerecho bancario
_911587
650 4 _aPolítica monetaria
_91662
655 4 _aNonfiction.
776 0 8 _aTucker, Paul.
_tUnelected power.
_dPrinceton : Princeton University Press, 2018
_z9781400889518
_w(OCoLC)1030823090
906 _a7
_bcbc
_ccopycat
_d2
_eepcn
_f20
_gy-gencatlg
942 _2lcc
_cBK