Unelected Power

The Quest for Legitimacy in Central Banking and the Regulatory State

Paul Tucker

Recommended By

Book Synopsis

"Unelected Power" by Paul Tucker provides a compelling analysis of the growing influence and authority of independent regulatory agencies in modern democracies. Tucker, a former deputy governor of the Bank of England, delves into the complex and often misunderstood realm of unelected power, examining the challenges it poses to democratic governance and the delicate balance that must be struck.

Tucker explores how unelected agencies, such as central banks and regulatory bodies, have been granted substantial control over economic and social policies, often surpassing that of elected officials. Drawing on his deep understanding of monetary policy and financial stability, he explains the rationale behind delegating certain powers to independent experts and how this can improve decision-making and policy outcomes.

However, Tucker also highlights the potential risks and drawbacks of unelected power, emphasizing the need for proper accountability, transparency, and limits on regulatory discretion. He argues for a reevaluation of the delegation of power and offers thought-provoking suggestions for making unelected agencies more accessible and accountable to democratic institutions and public scrutiny.

With a clear and engaging writing style, "Unelected Power" presents a thought-provoking examination of the mechanisms and implications of unelected agencies in shaping policy outcomes. This book is an invaluable resource for policymakers, scholars, and citizens interested in understanding the intricate relationship between democratic governance and the exercise of unelected power.

Explore More Books

See All
Liar's Poker
Inversions
A New History of Greek Mathematics
Viral Loop
Modern Times
The Age of Entitlement
Blankie
Clearing The Air
Women
The Blue Sweater
Wake Up: Why The World Has Gone Nuts
The Princeton Companion to Mathematics
The Obstacle Is the Way
On the Genealogy of Morals
Once a Warrior
The Outermost House
God Emperor of Dune
The Fifteen Decisive Battles of the World
The Inmates Are Running the Asylum
The Fourth Turning is Here
Educated
Planetary
Not The End of the World
How Not To Be Wrong
Rick and Morty Book Three
Count Down
Setting The Table
Principles
Sam Walton
Things Hidden Since the Foundation of the World
A Hall of Mirrors
Violence and Social Orders
The White Album
Switch
The History of the Future
Little, Big
Deep Simplicity
The Seven Husbands of Evelyn Hugo
More Heat Than Light
A History of Western Technology
The Trial of Socrates
How to Dress an Egg
Working Backwards
Daring Greatly
Chapterhouse: Dune
Rise of the Machines
On Being Certain: Believing You Are Right When You're Not
Starting Strength
Maestro
The Ones We Have Been Waiting For
George's Marvellous Medicine
Chess Fundamentals
The 7 Habits of Highly Effective People
Tap Dancing to Work
The Red Queen
1000 Ways to Make $1,000
The Emperor of All Maladies
Think Again
The Meaning of the 21st Century
Autobiography of a Spiritually Incorrect Mystic
More Human
Six Thinking Hats
Healing
Radical Chic and Mau-Mauing the Flak Catchers
Bitcoin
High
Adultery
Priceless
The Precipice
A Bold Return to Giving a Damn
A Magic Web
Carrying The Fire
Find Me Unafraid
Everything is Bullshit
From Galileo to Newton
Tipping Points
Lessons
Parasite Rex
Whiplash
Matter
The Dog Stars
Complexity
Plentiful Energy
The Dovekeepers
Guns, Sails, and Empires
Beyond The Blue
Falling into Grace
Into The Silence
The Moth Presents All These Wonders
Empires of Light
The Gift of Adversity
The Martian
Self Belief
Stone Age Economics
Rich Dad's Cashflow Quadrant
Sun Rises in the Evening
Tribe of Mentors
End of Illness
The Uninhabitable Earth
The Contrary Farmer