Paul Tucker on Central Bank Independence and *Unelected Power*

Published: March 25, 2019, 4:30 a.m.

Paul Tucker is a 33-year veteran of the Bank of England where he served as both a member and deputy governor of the Monetary Policy Committee.\xa0 Currently, Paul is a senior fellow at Harvard and a chair at the Systemic Risk Council. He has also recently authored a book, *Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State* and joins the show today to discuss talk about it. David and Paul also discuss central bank independence and justifications for the existence of a regulatory state as well as Paul\u2019s \u201cprinciples for delegation\u201d criteria.

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Transcript for the episode:\xa0https://www.mercatus.org/bridge/podcasts/03252019/paul-tucker-central-bank-independence-and-unelected-power

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Paul\u2019s website: http://paultucker.me/

Paul\u2019s Harvard University profile: https://ces.fas.harvard.edu/people/001970-paul-tucker

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Related Links:

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*Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State* by Paul Tucker

https://press.princeton.edu/titles/11240.html

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

Chapters:\xa0

00:00:00-Intro

00:00:22-Skip Intro

01:02:26-Outro