Paul Tucker is a senior research fellow at the Harvard Kennedy School and author of Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State.
The early-1980s Posner-Stigler memorandum to incoming president Reagan’s transition team is interesting for a host of reasons, but most of all in terms of...
To accompany Paul Tucker’s mini-course at the Stigler Center this week, we offer here an extract of the former Bank of England Deputy Governor’s...