Wisco Weekly

Technopopulism with Carola Binder

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In episode #204, Associate Professor of Economics at Haverford College, Carola Binder, discusses two papers -- Technopopulism and Central Banks, and Stuck in the Seventies: Gas Prices and Consumer Sentiment. Both papers give credence to the financial markets and economic policy as of late.
 
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Passages:
  • An important point is that under technopopulism, populists do not reject technocratic expertise, but instead rely on it to translate their causes into policy. Central banks thus face pressure to use their technocratic discretion to do more to serve the people, and to be directly accountability to the people rather than to elected representatives. In return for greater responsiveness, they gain even greater power and discretion. The technopopulist logic, I argue, implies that central banks will increasingly become “the only game in town,” both reflecting and exacerbating democratic discontent. (from Technopopulism and Central Banks)
  • Consumers become more pessimistic about national economic conditions when local gas prices rise. (from Gas Prices and Consumer Sentiment
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    Episode Notes

    • Carola Binder  |  Web  |  LinkedIn  |  Twitter
    • PAPER: Technopopulism and Central Banks  |  https://wiscoweeklypod.tiny.us/52ky27u3
    • PAPER: Stuck in the Seventies: Gas Prices and Consumer Sentiment  |  https://wiscoweeklypod.tiny.us/33tj3yrp
    • BOOK: Technopopulism: The New Logic of Democratic Politics  |  https://wiscoweeklypod.tiny.us/bdfxw7jx

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