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Financial Citizenship: Experts, Publics, and the Politics of Central Banking

Financial Citizenship: Experts, Publics, and the Politics of Central Banking

Paperback

AccountingGeneral Political Science

ISBN10: 1501732722
ISBN13: 9781501732720
Publisher: Cornell Univ Pr
Published: Jul 15 2018
Pages: 120
Weight: 0.41
Height: 0.28 Width: 6.00 Depth: 9.00
Language: English

Government bailouts; negative interest rates and markets that do not behave as economic models tell us they should; new populist and nationalist movements that target central banks and central bankers as a source of popular malaise; new regional organizations and geopolitical alignments laying claim to authority over the global economy; households, consumers, and workers facing increasingly intolerable levels of inequality: These dramatic conditions seem to cry out for new ways of understanding the purposes, roles, and challenges of central banks and financial governance more generally. Financial Citizenship reveals that the conflicts about who gets to decide how central banks do all these things, and about whether central banks are acting in everyone's interest when they do them, are in large part the product of a culture clash between experts and the various global publics that have a stake in what central banks do.

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General Political Science