Sunday , December 22 2024
Home / Thomas Palley: Economics for Democratic and Open Societies / Central Bank Independence: A Rigged Debate Based on False Politics and Economics

Central Bank Independence: A Rigged Debate Based on False Politics and Economics

Summary:
The case for central bank independence is built on an intellectual two-step. Step one argues there is a problem of inflation prone government. Step two argues independence is the solution to that problem. This paper challenges that case and shows it is based on false politics and economics. The paper argues central bank independence is ...

Topics:
Thomas Palley considers the following as important: , , ,

This could be interesting, too:

Dean Baker writes Health insurance killing: Economics does have something to say

Lars Pålsson Syll writes Debunking mathematical economics

John Quiggin writes RBA policy is putting all our futures at risk

Merijn T. Knibbe writes ´Extra Unordinarily Persistent Large Otput Gaps´ (EU-PLOGs)

The case for central bank independence is built on an intellectual two-step. Step one argues there is a problem of inflation prone government. Step two argues independence is the solution to that problem. This paper challenges that case and shows it is based on false politics and economics. The paper argues central bank independence is […]
Thomas Palley
Dr. Thomas Palley is an economist living in Washington DC. He holds a B.A. degree from Oxford University, and a M.A. degree in International Relations and Ph.D. in Economics, both from Yale University.

Leave a Reply

Your email address will not be published. Required fields are marked *