Economic History, Economic Thought, Inflation & Deflation, Money & Politics, News, The Fed & Central Banks
Carola Binder on Technopopulism and Central Banks
In her CMFA working paper, Carola Binder discusses a new approach for understanding why central bankers are pressured—by both politicians and the public—to deviate from their mandates. Further, Binder argues that this new approach “strengthens the case for limiting monetary policymakers’ discretion by implementing rule-based monetary policy.”…