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Jens van 't Klooster is a political economist at the University of Amsterdam's Department of Political Science. Jens rejoins David on Macro Musings to discuss the changes taking place at the European Central Bank. Specifically, Jens and David talk about the ECB\u2019s recent commitment to a gradual process of monetary tightening, the prospect and limitations of market neutrality in setting monetary policy, the rise of technocratic Keynesianism and questions surrounding the political legitimacy of the ECB\u2019s recent policy decisions, as well as the politics surrounding the ECB\u2019s approach to government debt.

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Transcript for the episode can be found here.

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Jens\u2019s Twitter: @jvklooster

Jens\u2019s website: https://jensvantklooster.com/

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Related Links:

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*The Myth of Market Neutrality: A Comparative Study of the European Central Bank\u2019s and the Swiss National Bank\u2019s Corporate Security Purchases* by Jens van \u2019t Klooster and Cl\xe9ment Fontan

https://www.tandfonline.com/doi/full/10.1080/13563467.2019.1657077

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*Technocratic Keynesianism: A Paradigm Shift Without Legislative Change* by Jens van \u2019t Klooster

https://www.tandfonline.com/doi/full/10.1080/13563467.2021.2013791

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*The Politics of the ECB\u2019s Market-Based Approach to Government Debt* by Jens van \u2019t Klooster

https://academic.oup.com/ser/advance-article/doi/10.1093/ser/mwac014/6554757

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David\u2019s blog: macromarketmusings.blogspot.com
David\u2019s Twitter: @DavidBeckworth