The Politics Guys

Our Money: Monetary Policy as if Democracy Matters

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Mike talks with LeahDowney,  a junior research fellow at St. John’s College, Cambridge. They discuss her book, Our Money: Monetary Policy as if Democracy Matters.

Topics Mike & Leah Cover Include:

  • fiscal vs monetary policy
  • the Federal Reserve’s legal mandate
  • the money neutrality myth
  • Fed dominance as legitimate, but harmful to democracy
  • iterative governance at the Fed
  • auditing or otherwise constraining the Fed’s independence
  • why the Fed should be regularly rechartered

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    The Politics GuysBy Michael Baranowski
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